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Announced

Completed

Tiger Global led a $200m Series C round in Dutchie.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Domestic

Private Equity

Friendly

Single Bidder

Acquisition

United States

Specialty Retailers

Private

Completed

cannabis retailer

Synopsis

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Tiger Global Management led a $200m Series C round in Dutchie, a cannabis retail technology platform, with participation from previous investors Casa Verde Capital, a venture capital firm focusing exclusively on the cannabis industry and related business ventures, and former Starbucks CEO Howard Schultz. "Dutchie would use the new funding to add and attract top talent, assist with expansion into new markets, and launch major product developments to support cannabis dispensaries while meeting evolving consumer demand and expectations,” Dutchie.

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