#7 all-time Exit · June 2019

Kiwi.com

→ General Atlantic 🇺🇸

€260M≈ CZK 6.5B

Cheap flights, expensive exit.

Kiwi.com was sold to General Atlantic (USA) in June 2019 for €260M (about CZK 6.5B). It ranks #7 among Czech tech exits with a disclosed price. Founded in 2012, it took 7 years to get there. The company was founded by Oliver Dlouhy, Jozef Képesi and Lucie Bresova. It raised €102M from investors and sold for 2.5× that. Investors: Jiří Hlavenka, Ondřej Tomek and Touzimsky airlines.

Buyer: General Atlantic
Buyer country: 🇺🇸 USA
Founded: 2012
Founding to exit: 7 years
Founders: Oliver Dlouhy, Jozef Képesi, Lucie Bresova
Investors: Jiří Hlavenka, Ondřej Tomek, Touzimsky airlines
Raised from investors: €102M
Multiple: 2.5×
Revenue: 1300 mil. EUR
Profit: 304 mil. EUR
Note: bylo spočítáno z 51% při ceně 130 000 000 €