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New Deal


Announced

Completed

ICONIQ-led consortium completed the investment of $125m in HighRadius.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

application software

Acquisition

Private

Single Bidder

United States

Software

Majority

Completed

Domestic

Synopsis

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ICONIQ-led consortium completed the investment of $125m in HighRadius, a fintech enterprise software-as-a-service company. The financing round also saw participation from existing investors Susquehanna Growth Equity and Citi Ventures. “The HighRadius platform is game-changing for CFOs and finance departments, and the company has earned tremendous customer loyalty by enabling receivables and treasury teams to perform more efficiently and effectively, and by delivering mission-critical ROI,” Will Griffith, ICONIQ Capital partner.

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