Kinly: Transformative Merger with Yorktel Under OEP Ownership
Deal News | Aug 12, 2025 | Avendon Capital
Avedon Capital Partners has announced the sale of its portfolio company, Kinly, to Yorktel, a subsidiary of One Equity Partners (OEP). This transaction involves a significant merger with Yorktel, aimed at expanding Kinly's global footprint in enterprise collaboration solutions. Under Avedon's ownership since 2017, Kinly has evolved and grown significantly through acquisitions and organic growth, expanding its workforce from roughly 300 to 1100 and launching innovative products like Kinly Secure Meet. Kinly's international presence grew with new offices in India, Germany, Switzerland, and Ireland, establishing the company as a leader in service quality and security. Emily Jeffries-Boezeman from Avedon highlighted the successful journey of Kinly under their ownership and expressed excitement for Kinly’s future with OEP. This strategic merger is expected to enhance Yorktel’s ability to address the needs of its enterprise and public sector clients, combining complementary cultures and service excellence. Avedon and Kinly were advised by Lincoln International, A&O Shearman, KPMG, and PwC in this transaction.
Sectors
- Private Equity
- Audio-Visual and Collaboration Technology
- Mergers and Acquisitions
Geography
- Netherlands – Avedon Capital Partners is based in Amsterdam, Netherlands.
- USA – Yorktel, part of One Equity Partners, is a U.S.-based company involved in this merger.
- Global – Kinly has offices across EMEA, U.S., and APAC regions, indicating its global operational reach.
Industry
- Private Equity – Avedon Capital Partners is involved in the buy-and-sell of companies, specifically divesting Kinly to One Equity Partners.
- Audio-Visual and Collaboration Technology – Kinly specializes in AV integration and unified communication solutions, and its merger with Yorktel enhances offerings in this sector.
- Mergers and Acquisitions – The article discusses the sale of Kinly and its merger with Yorktel, involving significant strategic M&A activity.
Financials
- – The article doesn't specify the financial terms or deal price for the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Avedon Capital Partners | Selling Company | Company | Private equity firm based in Amsterdam executing the sale of Kinly. |
| Kinly | Target Company | Company | A global provider of audio-visual integration and collaboration services, sold to One Equity Partners. |
| One Equity Partners | Bidding Company | Company | A private equity firm that acquired Kinly through its subsidiary Yorktel. |
| Yorktel | Bidding Company | Company | A systems integrator and managed services provider merging with Kinly. |
| Lincoln International | M&A Advisory | Company | Advised Avedon Capital and Kinly on this transaction. |
| A&O Shearman | Legal Advisor | Company | Provided legal advisory services for the transaction. |
| KPMG | Financial Due Diligence | Company | Conducted financial due diligence for the transaction. |
| PwC | Tax Due Diligence | Company | Conducted tax due diligence for the transaction. |
| Emily Jeffries-Boezeman | Partner at Avedon Capital Partners | Person | Commented on the success and transformative growth of Kinly under Avedon's ownership. |
| Tom Martin | CEO of Kinly | Person | Expressed excitement about the merger with Yorktel and the continuation of Kinly’s growth journey. |