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New Deal


Announced

A consortium offered to take Momo private for $3bn.

Financials

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Transaction Value£2,105m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Pending

China

Online and Social Platforms

Acquisition

social media

Public

Private Equity

Synopsis

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A consortium including Mr. Yan Tang, co-founder, chairman and chief executive officer of Momo, Matrix Partners, Sequoia Capital, Huatai Ruilian Fund Management and Alibaba Group offered to take Momo, a free social search and instant messaging mobile app, private for $3bn.

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