Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Kahoot! acquires learning app company Poio for USD 6.5m (Press Release)
May 16, 2019

Kahoot!, a rapidly growing game-based learning platform, has acquired the Norwegian-based app company Poio for USD 6.5m. Poio learns people how to read and has helped 100.000 kids to learn how to read since it was founded. Poio reported a turnover of NOK 3.3m and EBITDA of NOK -1.5m in 2017, corresponding to an EV/sales multiple of 17.2x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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