Crimson flips founder as campaign for Kip McGrath marches on

PremiumMatt NippertBusiness Investigations Reporter·NZ Herald·7 Aug, 2026 12:23 AM2 mins to read‌Crimson co-founder and CEO Jamie Beaton at Columbia University in New York, where he's enrolled to study journalism.Crimson Consulting’s raid for ASX-listed Kip McGrath is gathering pace, with the listed tutoring company’s founding namesake now indicating he supports the takeover and wants to sell. Last week, Crimson launched an unsolicited bid for the company’s shares at A$0.73, in what would be a A$40 million ($48m) play for