Kennet is an independent firm which has a partnership with Edmond de Rothschild Private Equity.
Market opportunity
In today's fast-changing business environment, technology solutions are crucial for the B2B market. The drive toward digital transformation has intensified, spurred by the need for efficiency, cost reduction, and enhanced productivity. Businesses now depend more than ever on advanced tech solutions to handle complexities, streamline operations, and remain competitive.
Investment strategy
- Growth capital and buyouts of high-growth technology companies with international reach.
- Investments in Software-as-a-Service (SaaS) companies in B2B markets with a focus on strategies offering tech solutions that are essential to the sustainability of their clients’ business models.
- Focus on bootstrapped technology companies with demonstrated ability to scale revenue in a capital efficient way.
Value creation
- Turnover growth, competitive repositioning and expansion of management teams.
- Geographic expansion, particularly across Europe and to the US.
- Strategic positioning of portfolio companies in order to achieve an attractive exit.
Investment team
Founded in 1997: one of Europe's oldest growth equity investors.
Target allocation
Geography: Europe (including the UK) and the US.
B2B models that sell mission critical products to business customers.
Artificial intelligence, cyber security, human capital management, financial technology, legal technology, regulatory technology and vertically focused applications.
Financial wellbeing platform for businesses
Nudge provides a SaaS platform focused on improving people's financial well-being, based in London, UK. It is the leader in its market segment and reaches employees and customers in over 100 different countries.
Nudge responds to rapidly growing demand for well-being solutions, with employee well-being becoming a higher priority for companies due to the increased pressure linked to working from home, the uncertain macroeconomic environment and the financial pressure experienced by many employees.
Value creation
- Supporting the company to leverage AI data sets, personalise content and focus on global accounts.
- Enabling the growth of the executive team, including the Chairman, CFO and CTO.