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Announced

Thumbtack secured $150m growth round.

Financials

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Transaction Value£123m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

services marketplace

Private

E-commerce

United States

Private Equity

Synopsis

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Thumbtack, the local services marketplace that connects consumers to professionals, secured $150m growth round. The financing round was led by existing investor Sequoia Capital, with participation from current investor Baillie Gifford. “We’re focused on bringing more customers to the backbone of the American economy – small businesses,” said Marco Zappacosta, co-founder and CEO of Thumbtack. “Today’s investment will allow us to accelerate our efforts to create the tools and infrastructure needed to empower small businesses to run and grow their businesses.”

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