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Wikborg Rein assisting in voluntary offer in Kahoot! ASA

17/07/2023

We are proud to announce that we alongside Freshfields Bruckhaus Deringer LLP have assisted General Atlantic, the largest shareholder in Kahoot! ASA, in connection with the launch of a recommended, voluntary offer to acquire all shares in Kahoot! ASA.

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The offer is being made by a consortium comprising the private equity business within Goldman Sachs Asset Management, General Atlantic FT B.V., Kirkbi Invest A/S and certain other co-investors. Congratulations to all the parties involved!

Wikborg Reins transaction team comprised Per Anders Sæhle, Dag Erik Rasmussen and Ingrid Aasa Haavaldsen.

About General Atlantic

General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 500 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic has more than $75 billion in assets under management inclusive of all products as of March 31, 2023, and more than 220 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, San Francisco, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For more information on General Atlantic, please visit: www.generalatlantic.com.

About Kahoot! ASA

Kahoot! ASA is a global learning and audience engagement platform company that aims to empower everyone, including children, students and employees to unlock their full learning potential.

Since the launch of Kahoot! in 2013, Kahoot! has developed from originally offering a game-based platform to a comprehensive offering of engaging tools of all kinds of learning and audience interaction. In 2018, Kahoot! launched its first commercial versions of Kahoot! for school and business users, as well as the Kahoot! app for iOS and Android. Since then, Kahoot! has expanded with the acquisition of seven companies, including Clever, one of the most widely-used digital learning platforms in U.S. schools. Kahoot! is now the preeminent global brand for digital education, engaging learning and audience interaction.

Authors
Profile image of Per Anders Sæhle
Per Anders Sæhle
Partner
E-mail pas@wr.no
Profile image of Dag Erik Rasmussen
Dag Erik Rasmussen
Partner
E-mail der@wr.no
Profile image of Ingrid Aasa Haavaldsen
Ingrid Aasa Haavaldsen
Managing Associate
E-mail iah@wr.no

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