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New Deal


Announced

Completed

Dragoneer Investment Group led a $200m funding round in Trumid.

Financials

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Transaction Value£152m
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

FinTech

Venture Capital

Completed

financial technology

United States

Acquisition

Friendly

Minority

Single Bidder

Domestic

Synopsis

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Dragoneer Investment Group led a $200m funding round in Trumid, a financial technology company and fixed income electronic trading platform. TPG and funds and accounts managed by BlackRock and T. Rowe Price Associates joined Dragoneer as new Trumid investors. "Our investors are established experts in both technology and capital markets. They have deep experience working with companies like Trumid to realize the full scope of our vision. We’re thrilled to have them on our team," Ronnie Mateo, Trumid CEO.

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