Kensington Capital Partners Acquires ONE9 Venture Capital Business

April 2, 2025

Kensington Capital Partners has acquired the venture capital investment business of ONE9 and taken a minority stake in ONE9 Capability Labs (with an option to acquire the remainder upon milestone achievement). ONE9's legacy investments are excluded and remain with the original vendors; the deal positions Kensington to lead investments in National Security technologies, including cybersecurity and defense-focused dual-use technologies.

Buyers
Kensington Capital Partners Limited
Targets
ONE9 venture capital investment business, ONE9 Capability Labs (minority stake)
Location
Ontario, Canada
Transaction Type
Buyout

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