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Announced

Completed

Mubadala Capital led a €35 Series B round in Matera.

Financials

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Transaction Value£30m
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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Acquisition

Friendly

France

Software

Single Bidder

Private Equity

Completed

Venture Capital

Private

Cross Border

Minority

residential property management

Synopsis

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Mubadala Capital, a private equity firm, led a €35 Series B round in Matera, a residential property management tech firm. Additional investors include Bpifrance, Burda Principal Investments, Index Ventures and Samaipata. “With this round, our objective is of course to become the reference in property management in the next few years, but that’s not all. We have a larger role to play in bringing back our communities together at the building and neighbourhood level. Our communication tool inside and between buildings supports this mission. We also intend to help our clients reduce their energy consumption, and are working with public authorities to ease access to grants for large scale energy efficiency works, such as MaPrimeRenov,” Raphaël di Meglio, Matera CEO.

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