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New Deal


Announced

TCV led a $300m Series C round in OneTrust.

Financials

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Transaction Value£221m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

software development

United States

Private

Single Bidder

Minority

Friendly

Acquisition

Venture Capital

Private Equity

Domestic

Completed

Synopsis

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TCV, a provider of capital to growth-stage private and public companies in the technology industry, led a $300m Series C round in OneTrust, the largest and most widely used privacy, security, and data governance technology platform. "Our mission is to build the technology platform that creates the trust fabric of an organization, while addressing the hundreds of privacy, security, and compliance requirements they are faced with today. We were excited when TCV approached us for an investment. Even with most of our previously raised funds still available, their partnership allows us to further accelerate our mission, leverage our capital and currency to drive organic and inorganic growth, and deliver for our customers and partners long term," Kabir Barday, OneTrust CEO.

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