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Kennet Partners

Enterprise software
Goldman Sachs, Kennet sell Nuxeo to Hyland Software 

Goldman Sachs and Kennet Partners are expected to make a 5x return on their investment in Nuxeo

  • Exits
  • 05 March 2021
Accountancy software
Kennet-, Eight Roads-backed Rimilia sold to trade for up to $150m

Nasdaq-listed BlackLine is an enterprise software company with a market capitalisation of $5.182bn

  • Exits
  • 05 October 2020
Euro loans made online
Kennet V closes on €223m

Registered in February 2018, the fund's original target was €200m, with a hard-cap of €250m

  • Funds
  • 02 July 2020
New fund registered with Companies House
UK fundraising update: name-brands push on through

Despite the coronavirus crisis, many GPs and VC investors are expecting to hold closes in 2020

  • Funds
  • 21 May 2020
Electronic invoicing software
Eight Roads and Kennet in £11.5m round for Rimilia

Rimilia secured a new funding facility of £7m with Silicon Valley Bank in October 2019

  • Expansion
  • 04 February 2020
Accountancy software
Insight Partners et al. in £55m round for Receipt Bank

Accountancy software platform also drew investment from Kennet Partners and Augmentum Fintech

  • Expansion
  • 03 January 2020
New hires
Partech hires Kennet's Vider

Partech is bulking up its growth team in preparation for the launch of Partech Growth II

  • People
  • 02 July 2019
Financial reporting software
Main Capital buys Hype Innovation in SBO

Main Capital is currently investing via Main Capital V, which closed on €236.5m in 2017

  • Buyouts
  • 09 April 2019
Medical scans and healthcare software
Kennet Partners sells Telemedicine Clinic to trade

Deal was the first investment for the GP's Guernsey-based third fund, Kennet III

  • Exits
  • 15 November 2017
PE must assimilate burgeoning VC tech deals to further growth
Artificial intelligence offers smart opportunities for PE

Once the domain of early-stage VC investors, the AI segment is now attracting the attention of private equity buyers

  • Investments
  • 27 September 2017
Electronic invoicing software
Eight Roads and Kennet back $25m Rimilia fundraising

Rimilia plans on doubling its headcount as it ramps up product development

  • Expansion
  • 31 July 2017
Data mining and process analytics
Genui buys Acrolinx from Kennet

Former CEO of SAP, Bernd-Michael Rumpf, also invests alongside Genui and company management

  • Buyouts
  • 26 July 2017
Technology comparison sites and review aggregators
HTGF, Tengelmann et al. sell Trademob

Paris-based marketing company Adikteev becomes the majority shareholder of the company after the exit

  • Exits
  • 09 February 2017
IT consultancies and outsourcing
Apicap exits Nuxeo, Goldman Sachs and Kennet invest $30m

Apicap made total commitments of around €10m to the group since 2008

  • France
  • 15 September 2016
Language education
Kennet Partners leads $12m series-B for ABA English

Backers include existing shareholders Nauta Capital alongside Spanish high-net-worth individuals

  • Expansion
  • 31 May 2016
Accounting software and business resource management
Receipt Bank raises $10m from Kennet

Receipt Bank was established in 2011 after the founder acquired Receipt Farm

  • Expansion
  • 08 February 2016
Kennet Partners and Fidelity Growth buy Rivo Software

Kennet Partners and Fidelity Growth Partners Europe have acquired UK-based software company Rivo Software.

  • UK / Ireland
  • 20 June 2013
Kennet Partners hires finance director

Technology-focused growth equity investor Kennet Partners has hired Neil Cooper as finance director.

  • People
  • 14 November 2012
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