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New Deal


Announced

BC Partners-backed Valtech to acquire Kin and Carta for £239m.

Financials

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Transaction Value£239m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium66.7%
One Off Charge-

Synopsis

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BC Partners-backed Valtech, a global digital services and business transformation agency, agreed to acquire Kin and Carta, an international digital transformation consultancy company, for £239m. "Having spent time with the Valtech management team, I am excited about the increased scale and scope of the combined Valtech and Kin and Carta businesses and Valtech's commitment to Kin and Carta's B Corp re-certification. I believe the combination will further accelerate the career growth of our people and bring more to the clients we serve," Kelly Manthey, Kin and Carta CEO. Apax Partners first bid for Kin and Carta in October, valuing the firm at £203m, later raised to £220m. The offer lapsed on March 11, 2024.

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