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New Deal


Announced

Completed

SoftBank-led consortium completed the $161m investment in Memphis Meats.

Financials

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Transaction Value£122m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

meat

food products

Private

Friendly

Food Products

Acquisition

United States

Majority

Private Equity

Venture Capital

Single Bidder

Cross Border

Synopsis

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SoftBank-led consortium completed its $161m investment in Memphis Meats, a lab-grown meat producer. Singapore’s wealth fund Temasek Holdings and Norwest Venture Partners also participated. "There is just no way our planet can sustain that kind of demand on our land and water. We are super excited about Memphis and their team," Priti Youssef Choksi, Norwest partner.

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