Kindred Group

→ Publicis Groupe 🇫🇷

€40M≈ CZK 1B

Congrats. The yacht is moored.

Kindred Group was sold to Publicis Groupe (France) in October 2018 for €40M (about CZK 1B). It ranks #34 among Czech tech exits with a disclosed price. Founded in 2013, it took 5 years to get there. The company was founded by Lukáš Kružberský, Pavla Nýdrle, Tomáš Varga and Michal Nýdrle.

Buyer

Publicis Groupe

Buyer country

🇫🇷 France

Founded

2013

Founding to exit

5 years

Founders

Lukáš Kružberský, Pavla Nýdrle, Tomáš Varga, Michal Nýdrle

Revenue

5,8 mil. EUR

Profit

660k EUR

Note

Why I sold Kindered?

Converted

• 14.3 millionbeers
• 4 millionplates of svíčková
• 1,333Škoda Octavias
• 133Lamborghinis
• 111Prague flats
• 1superyacht
• 0.27tickets to the Moon