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New Deal


Announced

Microsoft, GIC and Emtek Group to invest in Bukalapak in a $100m deal.

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-

Sources

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Tags

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Friendly

Minority

Cross Border

Single Bidder

Acquisition

E-commerce

online marketplace

e-commerce

Indonesia

Private

Pending

Private Equity

Synopsis

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Microsoft, GIC and Emtek Group, an Indonesian technology, telecommunication and media conglomerate, agreed to invest in Bukalapak, an Indonesian online marketplace, in a $100m deal. The deal takes Bukalapak closer to its target of raising $200 million to bankroll an online expansion. The company is in discussions with other potential investors to secure additional capital.

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