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Announced

Completed

A consortium of investors led a $225m Series D round in VTEX.

Financials

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Transaction Value£175m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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online stores

online retailer

E-commerce

Brazil

Cross Border

Private

Single Bidder

Minority

Friendly

Acquisition

Completed

Private Equity

Venture Capital

Synopsis

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Market technology investors Tiger Global Management, Lone Pine Capital, Constellation Asset Management, Endeavor Catalyst and SoftBank Group led a $225m Series D round in VTEX, a cloud-based eCommerce platform that offers online retailers a centralized platform. “The pandemic is challenging brands in unprecedented ways, and this funding will help us bring our collaborative commerce platform to more brands so they can achieve rapid time-to-revenue despite the challenges they face now and in the future. It’s exciting to see both B2B and B2C sellers across the globe finding success with collaborative commerce in ways they didn’t think possible,” Amit Shah, VTEX Chief Strategy Officer and US General Manager.

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