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New Deal


Announced

Back Market raised $120m in a Series C funding round.

Financials

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Transaction Value£96m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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refurbished electronics

online market place

Acquisition

France

Minority

Venture Capital

E-commerce

Private Equity

Friendly

Private

Completed

Synopsis

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Back Market, an operator of a marketplace for refurbished smartphones and electronic devices, raised $120m in a Series C funding round. Goldman Sachs, Aglaé Ventures, a venture capital firm, and Eurazeo Capital, a private equity firm, participated in the round. The company will expand its quality control team and introduce new services around refurbishments in order to control a bigger chunk of the stack.

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