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New Deal


Announced

Completed

Iron Mountain led a $55m Series E round in MakeSpace.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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on-demand storage

Minority

Completed

Private

Friendly

Acquisition

United States

Consumer Services: Other

Cross Border

Venture Capital

Single Bidder

Private Equity

Synopsis

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Iron Mountain, a storage and information management services provider, led a $55m Series E round in MakeSpace, an on-demand storage company, with participation from 8VC, Upfront Ventures, Maywic Select Investments, Ten Eighty, Provenio Capital, and CX Collective. "As we think about what the post-Covid world will bring, the current realities have only reinforced the significance and importance of space. With everyone spending more time at home, it’s more important than ever that we’re able to offer customers a convenient, affordable, and safe storage solution. This new round of funding will enable us to expand the ways in which we support our customers even further, whether that’s through the products and technology we develop or the new locations we reach," Rahul Gandhi, MakeSpace Co-Founder and CEO.

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