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Announced

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Pelham Capital led a $115m funding round in Gett.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

technology platform

Friendly

Acquisition

Software

transportation management

Domestic

United Kingdom

Single Bidder

software

Private

Private Equity

Completed

Synopsis

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Pelham Capital, an investment management services provider, led a $115m funding round in Gett, an Israeli B2B Ground Transportation Management platform. “We are on a journey to transform corporate ground travel and I’m delighted that investors find our model attractive. This investment will allow us to further develop our SaaS technology and deepen our proposition within the corporate ground travel market. It has been an incredibly difficult period for the travel sector but we are pleased to have finished 2020 operationally profitable and on budget,” Dave Waiser, Gett CEO.

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