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New Deal


Announced

Completed

Insight Partners led a $270m Series E financing round for Plume Design.

Financials

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Transaction Value£191m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wireless electronic

Domestic

Private Equity

Single Bidder

United States

Completed

Acquisition

Friendly

Minority

Private

Venture Capital

Internet

Synopsis

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Insight Partners, a private equity firm, led a $270m Series E financing round for Plume Design, a provider of wireless electronic devices. "We are convinced that Plume, with its scalable cloud data platform approach, highly efficient go-to-market strategy, strong momentum, top-quartile financial performance across all SaaS KPIs – including revenue, growth rates, gross margin, efficiency and retention metrics – and world class team is transforming this category," Ryan Hinkle, Insight Partners Managing Director.

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