According to Wall Street Journal, Bridgepoint has agreed to buy the majority stake in Kyriba at a price that values TMS provider Kyriba at around $1.2 billion. As its source, the article cites “people familiar with the matter”.
Gets Burger King as sister
Bridgepoint is a London based private equity firm which owns a long list of companies, including Burger King and until recently Pret a Manger.
Swedish holdings include Evac, Diaverum and Trustly.
Long holding for current owners
Current investors in are said to include its chief executive since 2003 Jean-Luc Robert, as well as venture capital firms Mangrove Capital Partners and Upfront Ventures, which were both among Kyriba’s early investors in 2001.