Press Releases.

CrossBorder Solutions lands $6 mln Series A

CrossBorder Solutions, a provider of corporate tax software and services, has raised $6 million in Series A funding. Kennet Partners led the round. December 12, 2017 – Menlo Park, CA; Tarrytown, NY: CrossBorder Solutions, a leading worldwide provider of corporate tax software and services, announces it has secured $6M Series A funding led by Kennet […]

13 Dec 2017

Unilabs acquires Telemedicine Clinic, a leading European Provider of teleradiology and telepathology services

Geneva, November 13th, 2017: Unilabs is pleased to announce the acquisition of Telemedicine Clinic (“TMC”), a leading European provider of teleradiology and telepathology services. TMC has a network of radiologists and pathologists across Europe as well as an office in Sydney to facilitate a 24/7 on-call service. TMC is also a leading player in elective […]

14 Nov 2017


Fiserv Moves to Reinvent Payments Infrastructure with Acquisition of Dovetail

BROOKFIELD, Wis.—(BUSINESS WIRE)— Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, today announced it has acquired Dovetail Group Limited, a leading provider of bank payments and liquidity management solutions. This acquisition further enables Fiserv to help financial institutions around the world transform their payments infrastructure to meet the evolving needs of […]

08 Sep 2017

Genui buys Acrolinx from Kennet

San Jose, Calif and Berlin — July 24 2017 Acrolinx, has been bought by Private investment company Genui. Genui has acquired a majority stake in Berlin-based text analysis software developer from Kennet Partners for an enterprise value of $60m.Bernd-Michael Rumpf, former CEO of SAP SI will invest alongside GENUI, and Acrolinx management is expanding its […]

27 Jul 2017


Impartner Raises $15 Million in Funding from Emergence Capital

SILICON SLOPES, Utah — July 17 2017 Impartner, the world’s largest and fastest-growing pure-play Partner Relationship Management (PRM) company, today announced the closing of a $15 million round of funding from Emergence Capital, the leading venture capital firm focused on early and growth-stage enterprise cloud companies. Impartner will use the funding on research and engineering […]

25 Jul 2017

Bromsgrove-based Rimilia gets $25m from Kennet Partners and Eight Road Ventures

Bromsgrove, UK — July 24 2017 Rimilia has raised $25m (£19.1m) in a round co-led by Kennet Partners and Eight Roads Ventures. The firm, which has created a cash allocation software solution and was founded in 2008, will use the funds to expand across Europe and the US and to double the size of its […]

24 Jul 2017


Receipt Bank Raises US$50 million Series B Funding from Insight Venture Partners

London, UK — July 20 2017 Receipt Bank, the award-winning bookkeeping automation platform and one of Europe’s fastest-growing businesses, has raised US$50 million in Series B funding from Insight Venture Partners. The investment will be used to accelerate the growth of the company and to further develop its products. The group passed US$10 million ARR […]

20 Jul 2017

Sphera Solutions Acquires Rivo Software, Expands Breadth of Health & Safety Software Offerings, Cloud-Based Applications

CHICAGO, April 6, 2017 / Sphera Solutiions, the largest global provider of Operational Excellence software and information services with a focus on Operational Risk, Environmental Health & Safety (EH&S), and Product Stewardship, has announced the acquisition of Rivo Software, a leading global provider of cloud-based environmental, health, safety, and risk management software. The acquisition serves […]

07 Apr 2017


Tricentis raises $165 million from Insight Venture Partners to Deliver Continuous Testing at the Speed of DevOps

Vienna, Austria — January 23 2017 Tricentis, raises $165 million from Insight Venture Partners to Deliver Continuous Testing at the Speed of DevOps. A little-known Austrian software company is looking to snatch business from established players HP Enterprise (HPE) and IBM in the market for software testing tools, after raising $165 million from a U.S. […]

06 Feb 2017

Nuxeo Announces $20 Million Investment From Goldman Sachs

New York, NY— September 08 2016 Nuxeo, developer of a leading Enterprise Content Management (ECM) platform which enables organizations to manage complex digital content at massive scale, today announced that Goldman Sachs has made a $20 million investment in the company. This adds to the $10 million commitment by Kennet Partners announced in June, for […]

09 Sep 2016


Rakuten Marketing Bolsters European Footprint and Programmatic Technology with Acquisition of Nextperf

12 July 2016 Rakuten Marketing announced that it has acquired Nextperf, a company with advanced machine learning for real-time ad and creative optimisation. While increasing its presence in Europe, this integration complements the existing Rakuten Marketing display technology with enriched user scoring and ad intelligence. These enhancements to Rakuten Marketing award-winning ad technology follow recent […]

21 Jul 2016

Nuxeo Secures $10 Million to Accelerate Global Rollout of Content and Digital Asset Management Platform

New York, USA — June 08 2016 Nuxeo, developer of a leading Enterprise Content Management (ECM) platform which enables organizations to manage complex digital content at massive scale, announced today that it has closed a financing round with $10 million committed by Kennet Partners. The capital will be used to expand sales capacity in North […]

08 Jun 2016


OpenText Signs Definitive Agreement to Acquire Recommind, Inc.

Waterloo, ON — June 2 2016 Open Text Corporation (NASDAQ: OTEX) (TSX: OTC), a global leader in Enterprise Information Management, announced today that it has entered into a definitive agreement to acquire privately-held Recommind, Inc., a leading provider of eDiscovery, and information analytics. Recommind’s SaaS and managed services solutions include, Axcelerate for eDiscovery review and […]

07 Jun 2016

ABA English raises $12 million in growth capital led by Kennet Partners

Barcelona, Spain — May 31 2016 ABA English, the online English language academy with over 10 million users worldwide, has raised $12 million in growth capital in a round led by Kennet Partners, a leading international growth equity firm. Existing investor Nauta Capital also participated in this second round of financing. This new funding will […]

31 May 2016


Kennet tech event recap: How to scale to $100 Million plus

On 5 April 2016, more than 60 Founders and CEOs of the UK’s leading tech companies attended Kennet Partner’s London technology event. The event, chaired by Hillel Zidel from Kennet Partners, aimed to provide helpful insights on navigating companies through phases of growth upwards to $100 million plus in revenues to Founders/CEOs. Chris Havemann and Murray […]

08 Apr 2016

Receipt Bank raises $10 Million in growth funding capital

London, UK — February 2 2016 Receipt Bank, the leading bookkeeping automation software company, announces today that it has raised $10 million in growth capital from Kennet Partners, a leading international growth equity firm that invests in successful high-growth companies in Europe and North America, supporting entrepreneurial technology businesses with expansion capital. Award-­winning Receipt Bank […]

02 Feb 2016


RealityMine Receives $17.25 Million Growth Equity Investment

Manchester, UK — December 14 2015 RealityMine, a leading global provider of mobile market research technologies and consumer analytics, announced today it has received a $17.25 million growth equity investment led by Kennet Partners, a leading international growth equity firm that invests in successful, high-growth companies in Europe and North America. GP Bullhound, a leading […]

16 Dec 2015

ThinkHR Accelerates Growth, Leadership with $12 Million Financing

Pleasanton, California — September 15 2015 ThinkHR, the leading HR solutions company that provides expert HR-related advice and training to employers, today announced that it has secured additional funding to fuel its growth and leadership. Kennet Partners, a leading international growth equity firm that invests in companies across North America and Europe, made the $12 […]

03 Dec 2015


Blackboard Completes Acquisition of Schoolwires

Washington — 20 March 2015 /PRNewswire/ Today Blackboard Inc. announced that it has finalized its acquisition of Schoolwires, one of the leading educational website, hosting and content management providers to K-12 schools and districts. With the close of this acquisition, Blackboard continues to demonstrate its commitment to be the leading K-12 provider of school websites […]

20 Mar 2015

Co-Investors Kennet Partners and Joe Wang invest $17 Million to aquire majority ownership of leading SaaS-based PRM platform provider Treehouse Interactive

Salt Lake City, Utah — 11 March 2015 TreeHouse Interactive™, the technology leader in SaaS-based partner relationship management (PRM), announced today that Kennet Partners and co-investor Joe Wang have acquired majority ownership of the software company. Wang, who has already made his mark in the Utah high-tech community as president and CEO of local software […]

20 Mar 2015