Kin and Carta plc, a digital transformation firm, has accepted a £203 million takeover bid from Kelvin UK Bidco Limited, a newly formed company backed by funds advised by Apax Partners.
![The KnowledgeNow conference, an annual portfolio company thought leadership event, Hosted by Apax Partners’ Operational Excellence Practice (“OEP”) in Berlin, Germany. PHOTO: ApaxPartners](https://krugmaninsights.com/wp-content/uploads/2023/10/pr2019highres-1024x681.webp)
The offer of 110 pence in cash per share represents a sizable premium of approximately 41% to the closing price on October 17th, and a significant 51% premium to the six-month