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New Deal


Announced

Completed

D1 Capital Partners and Darsana Capital Partners completed the $182m investment in Bolt.

Financials

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Transaction Value£136m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Estonia

Cross Border

Minority

Friendly

Acquisition

Software

Private Equity

technology services

software development

Private

Synopsis

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D1 Capital Partners, a global investment firm that deploys capital in both public and private markets, and Darsana Capital Partners, an investment advisory firm, completed the $182m investment in Bolt, a company that offers vehicle for hire, micromobility, and food delivery services. “Despite the effects of the Covid-19 pandemic, Bolt has seen immense growth in the past year. Millions of customers already love Bolt for our affordable prices and fast service. In 2021, we are doubling down to be the industry leader in safety and quality of the platform. We’re planning to launch even more innovative solutions like driver face verification and automatic trip monitoring, using machine learning to prevent potential incidents and ensure the highest quality service for our customers," Markus Villig, Bolt CEO.

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