Kolkata, IN – January 1, 2022 – Napkin Inc. has announced the acquisition of Skynet, a company based out of Kolkata, India.
The acquisition comes after years of shared projects between Napkin and Skynet, a long overdue union between the two companies. Skynet provides creative and development talent to Napkin, its subsidiaries, and all clients within. Skynet has over 15 years of experience, with offices in both Kolkata and Burhampore.
Skynet Co-Founder Satinath Modal commented, “We’re more like brothers than colleagues. I’ve been working with [Napkin Founders] Matthew and Grant since 2015, and over the years, we’ve become part of each other’s families, sharing life’s joys together.”
About Napkin Inc.
Napkin is positioned as a go-public roll-up strategy, with the continued focus of acquiring $200m+ of “digital disruptors” from around the globe. All acquisitions are comprised of elite, complimentary talent that help provide end-to-end solutions across tech markets. By encouraging collaboration and concentrating on strategies for growth, Napkin fosters an environment for business owners to scale effectively and establish themselves as market leaders in the global tech-scene.
Napkin offers founders above-market purchase prices by facilitating a large portion of each transaction with “share-swaps”. Every share issued by Napkin is the same common stock, which allows founders the security of equal-opportunity at any liquidity event. As the collective grows and Napkin matures, founders will experience a further multiple on their “share swap” share price, potentially creating personal liquidity opportunities beyond what they would have otherwise been able to achieve on their own.
As Napkin grows through each set of “batch acquisitions”, investors are afforded the opportunity to buy shares back from founders, thereby providing founders with liquidity while providing investors with discounted pricing.
About Skynet
Skynet is based out of Kolkata, with offices in both Kolkata and Berhampore. Skynet boasts designers for most creative projects, as well developers across a host of coding languages. Skynet has contributed to the development of apps that have sold for 7+ figures, and has done work for some of the globe’s most recognized celebrity names and brands.