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New Deal


Announced

Completed

Tiger Global and Bain Capital Ventures led a $102m Series B funding round in Ankorstore.

Financials

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Transaction Value£72m
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

marketplace

E-commerce

Cross Border

France

Private

Minority

Venture Capital

Friendly

Private Equity

Acquisition

Completed

Synopsis

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Tiger Global and Bain Capital Ventures led a $102m Series B funding round in Ankorstore, a curated marketplace connecting independent brands with local retailers, with participation from existing investors Index Ventures, Global Founders Capital, Alven Capital Partners and Aglae Ventures. “In the current retail climate, there have been many measures to close non-essential shops, which have left independent stores in need of flexible financing and tools to quickly adapt their offering. Ankorstore stood by our retailers through lockdowns to help them closely control their cash flow, be more responsive, and manage their stock as precisely as possible,” Nicolas D'Audiffret, Ankorstore Co-Founder.

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