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New Deal


Announced

Completed

TCV led a $150m Series B funding round in Aker-backed Cognite.

Financials

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Transaction Value£105m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Private

Completed

Venture Capital

Cross Border

Software

industrial software

Sweden

Friendly

Minority

Synopsis

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Technology Crossover Ventures led a $150m Series B funding round in Aker-backed Cognite, a global developer of the industrial software. "As the global growth continues across industry verticals, there is significant interest from companies to partner with Cognite. We are very pleased to welcome TCV, a top-tier growth equity firm, on board, especially given their strong track record from building and scaling enterprise software companies globally," Øyvind Eriksen, Aker President and CEO.

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