Kitra Advisory with Untap and its shareholders in the sale to Bite Investments
Description of the deal
Kitra Advisory acted as financial advisor to Untap – AI-powered portfolio management platform – and its shareholders on the sale of the company to Bite Investments. The transaction is aimed at strengthening the Bite Stream platform through the integration of advanced portfolio management, fund intelligence and investor reporting capabilities.
Company Profile
Untap is an AI-powered portfolio management platform for private markets investors, enabling users to monitor performance, manage funds and drive value creation through automated data collection, financial reporting and ESG tracking. The platform is used across private equity, real estate, infrastructure and private credit.
Rationale of the Deal
The acquisition allows Bite Investments to expand Bite Stream’s capabilities in portfolio intelligence, KPI monitoring, ESG data collection and investor transparency, further strengthening its positioning as an integrated platform across fundraising, investor engagement and underlying portfolio and fund data management.
