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New Deal


Announced

A consortium of investors led by Goldman Sachs to acquire Kahoot! in a $1.7bn deal.

Financials

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Transaction Value£1,310m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium53.1%
One Off Charge-

Tags

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Software

learning platform

Norway

Acquisition

Cross Border

Majority

Privatisation

Public

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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A consortium of investors led by Goldman Sachs, with participation from General Atlantic, KIRKBI and Glitrafjord, agreed to acquire Kahoot!, a Norwegian online game-based learning platform, in a $1.7bn deal. "The Board believes the terms of the offer from Kangaroo BidCo AS are in the best interests of Kahoot! and our shareholders, and that the offer will benefit our employees, customers and partners. The Board recommends the offer as it represents a fair valuation of the company, as well as significant opportunities for accelerating the company's journey to become the leading learning platform in the world," Andreas Hansson, Kahoot! Chairman.

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