KYND Limited, the UK based provider of cyber risk management solutions for the insurance industry, has raised new funding from existing investor BGF Group Plc, the UK based venture capital and private equity firm investing in small and mid-sized businesses in the UK, and Verisk Analytics, Inc., the US based global data analytics and technology provider for the insurance and energy industries. The investment provides an exit for CPPGroup Plc, the UK based provider of assistance and insurance products, which has backed the company since 2018. CPP sold its 13.3% stake for a cash consideration of GBP 2.6m
- Target – Kynd limited
- Buyer – Bgf Group PLC
- Buyer – Verisk Analytics, inc.
- Seller – Cppgroup PLC
