Avedon's Kinly bolts on MK2

Kinly hopes to strengthen its presence in the Benelux region with the acquisition of MK2. The two businesses will total 600 employees worldwide.

Lower-mid-market specialist Avedon first backed Kinly in 2017. The business generated revenues in the €100m range at the time of the transaction, according to Avedon's website.

Kinly is a visual collaboration specialist, formed in 2017 from a merger between VisionsConnected and Viju. It helps organisations plan, build, support and manage their collaboration spaces, serving business and government customers worldwide. Headquartered in Amsterdam, Kinly also operates offices in the US, the UK, Norway, Belgium, the United Arab Emirates, Singapore and Malaysia.

Company
Founded in 1999, MK2 supports businesses in providing audiovisual information and operating communication technology, providing auditoriums, meeting rooms, and education and training presentation rooms for rent. Headquartered in Breda and with further offices in Amsterdam and Eindhoven, the company employs around 150 people.

People
Kinly – Magnus Ekerot (CEO).
MK2 Audiovisual – Roel Vermaat, Jeroen van Doorn (owners).
Avedon Capital Partners – Michel Verhoog (partner).

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• Topics
• Expansion
• Benelux
• Support services
• Netherlands
• Avedon Capital Partners
• Build-up