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New Deal


Announced

Completed

Providence Strategic Growth led a $40m Series A round in Lusha.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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big data

Venture Capital

United States

Acquisition

data services

Friendly

Information / Data Services

Private

Completed

Domestic

Minority

Private Equity

Single Bidder

Synopsis

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Providence Strategic Growth, a private equity fiem, led a $40m Series A funding round in Lusha Systems, a crowdsourced data community for B2B salespeople. "Lusha's core contact information database is one of the most comprehensive and accurate in the industry and solves a critical pain point in the B2B lead generation workflow, particularly in the remote work environment. In a short period of time, Lusha's talented team has set the company on an impressive trajectory with a highly capital-efficient business model, and we're thrilled to have the opportunity to support their continued growth and innovation," Adam Marcus, PSG Managing Director.

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