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New Deal


Announced

Completed

Sumeru Equity Partners completed a $200m investment in Loopio.

Financials

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Transaction Value£143m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software developer

Cross Border

computer software

Software

Single Bidder

Acquisition

Completed

Friendly

Minority

Private Equity

Canada

Private

Synopsis

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Sumeru Equity Partners, a private equity firm, completed a $200m investment in Loopio, a software developer. “This investment comes on the heels of Loopio’s remarkable growth over the past few years—which wouldn’t have been possible without the incredible work of our talented team and passionate customers. Their focus on solving important problems that affect nearly every high-growth organization is what has made us the leader in RFP software. We’re excited to partner with SEP to continue empowering our Loopers to serve our customers and grow our market presence," Zak Hemraj, Loopio Co-Founder and CEO.

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