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New Deal


Announced

Completed

Durable Capital led a $155m funding round in HoneyBook.

Financials

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Transaction Value£111m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Completed

Venture Capital

Friendly

Domestic

Acquisition

Majority

software solutions

Private Equity

Software

Private

United States

Synopsis

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Durable Capital, a venture capital firm, led a $155m funding round in HoneyBook, a business billing tool provider. The round had participation from Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing investors Norwest Venture Partners, OurCrowd and Citi Ventures. “Clients now expect streamlined communication, seamless payments and the same level of exceptional service online that they were used to receiving from business owners in person,” Oz Alon, HoneyBook CEO.

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