Kennet Partners has agreed to sell its stake in Dext – formerly ReceiptBank – to global software and services investor Hg.  The European technology growth equity investor, which focuses on bootstrapped and capital efficient companies, has made a 4.4 times return on its investment with the deal.  Kennet was the first institutional investor in Dext, a digital, multi-product platform for accountants and bookkeepers, after acquiring its stake in the company in 2016.   The sale of Kennet’s stake … Continue reading Kennet Partners sells stake in digital bookkeeping firm Dext