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New Deal


Announced

Completed

A consortium of private equity firms led a $160m Series B round in Sendinblue.

Financials

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Transaction Value£124m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software developer

Completed

France

business support

Acquisition

Cross Border

Venture Capital

Private Equity

Friendly

Private

Application software products

Software

Single Bidder

Minority

Synopsis

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A consortium of private equity firms including Bridgepoint, Bpifrance, and BlackRock, with Partech, led a $160m Series B round in Sendinblue, a software developer. “In the wake of the pandemic, small and medium-sized businesses have been forced to be nimble to grow and even to survive. As a result, there’s been a stronger demand for tools that allow businesses to reach their customers more quickly and effectively. At Sendinblue, it’s not business as usual. We know it’s survival of the fittest and the most agile. Our products help that happen," Armand Thiberge, Sendinblue Founder and CEO.

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