We are pleased to announce that the Apax Funds have reached an agreement on the terms and conditions of a recommended cash acquisition of global digital transformation consultancy Kin + Carta. Commenting on the news, Rohan Haldea, Partner at Apax, said, “We are impressed by Kin and Carta's unique culture, talented team, and focus on customer impact as evidenced by their B Corp status. We have followed the company closely for several years and we have witnessed first-hand how their focus on innovation and strong platform in the Digital Transformation sector has made Kin and Carta a partner of choice for clients grappling with complex technology problems. We believe there is significant opportunity to enhance Kin and Carta's prospects as a private company, including by pursuing acquisitions that would enhance further its competitive position. As significant investors in the space, we hope to draw on our network, experience and operational expertise to support management and the wider team by investing in the business to enhance the value for customers, employees and other stakeholders, building on the firm's success to date.” You can read the full announcement on Kin and Carta's website, here: https://lnkd.in/eKT_X4eJ
Adarsh Sarma
9mo
Well done Rohan
Could I ask please what will happen with the UK Digital Wallet design moving forward? This was the contract won by Kin + Carta via the Bank of England, I would like to update my channel, especially around the involvement of Kelvin UK Bidco Limited, thank you