Skip to main

You are here

Apax Partners takes Kin + Carta private for £203m

Investment firm Apax Partners is acquiring digital services firm Kin + Carta.

Kin + Carta shareholders at the public company will receive 110 pence per share, which is a 41% premium on yesterday’s closing price of 78 pence. That values the business at around £203m.

The deal is expected to be completed during the first calendar quarter of 2024.

Kin + Carta, in a trading update this August, said FY23 net revenue growth was expected to be flat at around £192m.