It is with great pleasure and excitement that myself and Gareth share some news with you today. We are delighted to inform you that Kairos has been acquired by Teamworks, the renowned leader in the sports industry.
As an international rugby player, I was always fascinated by ways that I could improve my offering for the teams that I represented. One of the most significant issues I encountered was the distraction caused by multiple WhatsApp groups, emails, and whiteboard appointments. I was always concerned that I'd missed some vital piece of information!
High-performance athletes are spikey! They're very good and passionate about one thing and that's performing! So…. let's find a way to allow them to just worry about the game at the weekend!!
While we're at it, let's allow staff and coaches to deliver key information and updates to players in an efficient way and give them the assurance the information has been engaged with.
A compelling thesis behind Kairos was established, and Gareth and I went to work building the solution.
When we launched Kairos to the English football market in 2021, we quickly began working with some of the biggest sports brands. We discovered additional intangible benefits Kairos users were experiencing, including increased accountability and an improved team culture. We continued to iterate the product at pace with an amazing team Headquartered out of Belfast, Northern Ireland. Our whole team became experts at intimately understanding the environments of pro teams.
Although we didn't realize it, from 2021 onwards, Kairos was already partnering with Teamworks. We were collectively informing pro sports teams worldwide that a dedicated communication solution was a 'must have' to harness high performance. Together, Kairos and Teamworks now work with the vast majority of teams in the most significant leagues in the world, learning together as the needs of teams constantly evolve.
The acquisition by Teamworks is a very exciting opportunity to join forces with one of the biggest companies in sports tech and ultimately impact the offering to benefit the broader market. Joining forces with Teamworks will open up unparalleled opportunities for growth, innovation, and more overall impact. Their extensive knowledge and strong industry presence will empower us to amplify further the value we deliver to our customers and partners. Together, we will continue shaping the future of sports technology and revolutionize the way professional sports teams operate.
We want to extend our heartfelt gratitude to each and every one of you for your constant support, loyalty, and partnership. We are immensely excited about this acquisition and its possibilities for our collective future.
We would say one thing to our team and customers. We have built a strong product and company, and now, we look forward to leveraging our combined strengths to achieve even greater heights. Fasten your seatbelts - we're not leaving the theme park - we're building a bigger rollercoaster!!
One of the most exciting elements about joining Teamworks is the opportunity to learn from and collaborate with the brilliant people at the company. The big question is, 'What's next for the Operating System for elite sports?' Having looked behind the scenes and discussed Teamworks plans for the future, it's a future we want to be part of and feel with myself, Gareth, and the team at Kairos in the mix, we can make it even more exciting!
Thank you, and let's embrace this next chapter together!