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New Deal


Announced

Completed

IVP and SoftBank Vision Fund 2 completed a $100m investment in Whoop.

Financials

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Transaction Value£77m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

Private

Completed

Acquisition

Cross Border

fitness trackers

Consumer Electronics

Minority

Single Bidder

Friendly

Synopsis

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Institutional Venture Partners, a US-based private equity investment firm, and SoftBank Vision Fund 2 completed a $100m investment in Whoop, a fitness tracker startup. “We will continue to make Whoop the best product experience for measuring and improving health. Human performance is a new category and Whoop has emerged as both the pioneer and market leader. We’re proud to partner with IVP and other prominent investors who share our vision,” Will Ahmed, Whoop Founder & CEO.

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