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Announced

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

Synopsis

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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