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Announced

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Greyhound Capital led a $160m Series D round in TravelPerk.

Financials

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Transaction Value£115m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Spain

Single Bidder

travel management

Corporate Travel Services

Venture Capital

Completed

Acquisition

Private

Minority

Cross Border

Private Equity

Friendly

Synopsis

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Greyhound Capital, a London-based growth equity firm, led a $160m Series D round in TravelPerk, a travel management company. Existing investors also participated, specifically: DST, Kinnevik, Target Global, Felix Capital, Spark Capital, Heartcore, LocalGlobe and Amplo. “There is no doubt that from 2021 onwards, the average business trip will look very different to how it did in 2019. Companies are looking for more efficient ways to manage their travel and will place high value on the technology platforms that offer superior choice, flexibility, customer service and duty of care,” Ines Verschueren, Greyhound Capital Investor.

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