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New Deal


Announced

Completed

Greenoaks Capital and Lightspeed Venture Partners led a $120m Series D round in Zetwerk.

Financials

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Transaction Value£87m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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contract manufacturing platform

Minority

Friendly

Digital Services

Private Equity

India

Venture Capital

Cross Border

Private

Single Bidder

Acquisition

Completed

Synopsis

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US-based investment firms Greenoaks Capital and Lightspeed Venture Partners led a $120m Series D round in Zetwerk, a global manufacturing platform, with participation from Accel, Sequoia Capital India and Kae Capital. "We are excited to partner with Zetwerk on the next leg of their journey, as they expand their value proposition globally. Zetwerk's operating system for manufacturing has digitized multiple supply chains end-to-end, ensuring on-time delivery and high quality standards. This has led to rapid growth in India and internationally, with the potential to quickly become one of the most important manufacturing platforms globally," Neil Shah, Greenoaks Capital Partner.

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