Kape Technologies (KAPE) proposed acquisition of Private Internet Access
Ido Erlichman, CEO outlines the details of the acquisition of LTMI holdings. LTMI is the holding company for Private Internet Access, the leading US based digital privacy company with a strong position in data privacy services and over 1 million paying customers.
Overview of the strategic fit & earnings enhancing growth LTMI offers – 00:18
Operational highlights – 00:55
About PIA – 01:17
Strong brand awareness – 01:58
Financial highlights of the acquisition – 02:39
Revenue & adj EBITDA – 03:28
Transaction structure – 04:10
Funding of the acquisition – 04:59
The privacy market – 05:30
Acceleration of Kape’s product innovation & R&D capabilities – 06:33
Summary – 07:23
Kape Technologies PLC, formerly Crossrider plc, is a United Kingdom-based online distribution and digital product company. The Company operates through three segments: App Distribution, Media, and Web Apps and License. Through the App Distribution segment, the Company offers Reimage, a computer repair software; DriverAgent, a driver repair software; CyberGhost, a virtual private network solution, and associated services. The Company’s Media division provides media and advertising technology services that include media buying, ad agency services, and ad serving technologies. It offers Ajillion, a mobile ad server and exchange; Definiti Media, an advertisement network, and crossmob, a mobile marketing application. Through the Web Apps and License division, the Company licenses web apps monetization platform and associated technologies.
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