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GIC and Thrive led a $150m round in Vimeo.

Financials

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Transaction Value£114m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private Equity

news

Entertainment

Minority

United States

Single Bidder

e-sports

Venture Capital

Friendly

entertainment

Acquisition

Domestic

Private

Synopsis

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Private equity firms GIC and Thrive led a $150m private equity round in Vimeo, a video hosting platform. "Our goal is to radically simplify how businesses create and share video, with tools that are far more intuitive and cost-effective than they've been historical. We're energized to access additional capital to pursue this enormous opportunity with the full focus and scale of the Vimeo platform," Anjali Sud, Vimeo CEO.

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