M&A Deal Summary

Kahoot! Acquires Whiteboard.fi

On February 23, 2021, Kahoot! acquired internet software and services company Whiteboard.fi for 12M USD

Acquisition Highlights
  • This is Kahoot!’s 5th transaction in the Internet Software and Services sector.
  • This is Kahoot!’s largest (disclosed) transaction.
  • This is Kahoot!’s 1st transaction in Finland.

M&A Deal Summary
Date 2021-02-23
Target Whiteboard.fi
Sector Internet Software and Services
Buyer(s) Kahoot!
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Whiteboard.fi

Pinjainen, Finland
website
Whiteboard.fi is an online whiteboard tool for teachers and classrooms that helps engage students both in the physical classroom and through remote learning. Whiteboard.fi is based in Pinjainen, Finland.

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Buyer(S) 1

Buyer

Kahoot!

Oslo, Norway

website

Category Company
Founded 2012
Sector Internet Software and Services
Employees50
DESCRIPTION

Kahoot! is a game-based learning platform that makes it easy to create, share and play fun learning games or trivia quizzes in minutes. Kahoot! is used in a variety of settings – in K-12 and university classrooms, corporate offices, social settings, and major sporting and cultural events. Kahoot! AS was founded in 2012 and is based in Oslo, Norway.

DEAL STATS #
Overall 5 of 7
Sector (Internet Software and Services) 5 of 7
Type (Add-on Acquisition) 5 of 7
Country (Finland) 1 of 1
Year (2021) 1 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Drops

Tallinn, Estonia

Drops is provider of language platforms with 42 languages. Droplets is designed specifically to teach foreign languages to kids aged 8-17. Drops is based in Tallinn, Estonia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 Motimate

Oslo, Norway

Motimate is an employee engagement and learning app provider for organizations of all sizes. Motimate's app motivates its over 130,000 users to learn and engage through powerful content modules (called Motis) in different formats such as videos, quizzes, podcasts, games, illustrations, text and animations. Motimate was founded in 2017 and is based in Oslo, Norway.

Buy -
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