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New Deal


Announced

Completed

Franklin Templeton led a $100m Series E round in Allbirds.

Financials

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Transaction Value£77m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Footwear

Private

Friendly

Venture Capital

footwear company

Acquisition

Completed

Minority

Cross Border

Private Equity

Single Bidder

Synopsis

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Franklin Templeton, an American multinational holding company, led a $100m Series E round in Allbirds, a New Zealand-American footwear company, with participation from T. Rowe Price, Baillie Gifford, TDM Growth Partners, Rockefeller Capital Management, and additional new and returning investors. The Series E round will help Allbirds strategically enter new product categories while maintaining its unwavering commitment to sustainable material innovation. The capital will also continue to support the brand’s fast-growing international business and aid in the ongoing expansion of its fleet of brick-and-mortar stores.

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