.
MergerLinks Header Logo

New Deal


Announced

Completed

Baillie Gifford led a $300m Series D round in Zymergen.

Financials

Edit Data
Transaction Value£230m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Diversified Materials

Private Equity

United States

Private

Completed

Single Bidder

science company

Minority

Acquisition

Cross Border

Friendly

Synopsis

Edit

Baillie Gifford, an investment management firm, led a $300m Series D round in Zymergen, a science and material innovation company. Other investors that were involved in the transaction include Baron Capital Group, an asset management firm, and Perceptive Advisors, a hedge fund. "Our investment philosophy is to identify companies that can deliver transformational change over the long term. Zymergen is demonstrating their ability to create products at scale with properties that were previously unimaginable. Their rich and growing product pipeline, coupled with their platform approach, makes this a repeatable process that gets better over time. As long-term investors, we seek out companies with the potential to change industries over decades. Zymergen is such a company," Peter Singlehurst, Baillie Gifford Head of Unlisted Equities.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US