.
MergerLinks Header Logo

New Deal


Announced

Completed

Silver Lake led a $540m funding round in Noom.

Financials

Edit Data
Transaction Value£381m
Consideration TypeCash
Capital Owned-
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Domestic

United States

Online and Social Platforms

Minority

Completed

Private Equity

Friendly

mobile application

Private

Acquisition

Venture Capital

health software

Synopsis

Edit

Silver Lake, a private equity firm, led a $540m funding round in Noom, a developer of mobile application, valuing the company at $3.7bn. The round was joined by Oak HC/FT and Novo Holdings. The company has met with potential advisers to discuss an IPO that could happen this year or early next year. Noom is aiming to be valued at around $10bn when it goes public depending on market conditions, the people said.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US