Valtech, the global leader in Experience Innovation, has finalized its acquisition of Kin + Carta, a renowned digital transformation consultancy. This strategic move solidifies Valtech’s position as the premier partner for business transformation, empowering Fortune 500 and household-name brands to adapt to evolving consumer expectations, establish robust technology foundations, and foster sustainable growth through exceptional experiences.
Olivier Padiou, CEO of Valtech, expressed his enthusiasm about achieving the company’s vision of becoming the world’s most influential Experience Innovation company through this acquisition. By integrating Kin + Carta’s extensive expertise and client base, Valtech is poised to usher in a new era of setting standards with intelligent, personalized experiences fueled by data and AI.
Kelly Manthey, CEO of Kin + Carta, emphasized the natural alignment of purpose and culture between the two companies, foreseeing enhanced services for clients and technology partners. The transaction, valued at £239m, signifies a strategic investment funded by shareholder equity and external debt, leading to Kin + Carta’s delisting from the London Stock Exchange.
As part of the acquisition, Kelly Manthey assumes the role of CEO of Valtech Americas, with Chris Kutsor becoming Valtech Americas CFO. Both executives will join Valtech’s Executive Committee, driving the company’s continued growth strategy, which combines organic expansion with strategic acquisitions.
This acquisition propels Valtech closer to achieving $1 billion in revenue and strengthens its leadership in the Experience Innovation domain. By leveraging cutting-edge technology, consultancy, and creative design, the combined force of Valtech and Kin + Carta aims to redefine possibilities for businesses across sectors and disciplines.
Key benefits for clients and partners include:
- Global scale expansion with Kin + Carta’s presence in the US, UK, LATAM, and SEE, adding 1,900+ consultants to Valtech’s global team.
- Increased vertical reach, broadening portfolios in retail, finance, automotive, public sector, and agriculture.
- End-to-end delivery capabilities, enhancing digital engineering, commerce, and experience design expertise.
- Cross-selling opportunities and pursuit of larger strategic engagements.
Valtech’s approach to Experience Innovation encompasses cloud platforms, data and AI, app modernization, and customer-facing digital channels. By integrating Kin + Carta’s proficiency in cloud platforms, data, and AI, Valtech aims to deliver transformative business solutions that drive sustained growth and innovation. This strategic alignment positions Valtech and Kin + Carta as a formidable force in shaping the future of Experience Innovation.
