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New Deal


Announced

Completed

Prosus Ventures, Dragoneer and Wellington Management led a $255m Series F round in Urban Company.

Financials

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Transaction Value£179m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

Private

Digital Services

gig marketplace

India

Friendly

Single Bidder

Private Equity

Minority

Venture Capital

Cross Border

home services

Synopsis

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Prosus Ventures, Dragoneer and Wellington Management led a $255m Series F round in Urban Company, a tech-enabled home services marketplace, with participation from Vy Capital, Tiger Global and Steadview. Urban Company will utilise the new investment towards innovation, training, product development, enhanced quality control and safety measures for both partners and consumers. The company also aims to increase its geographic footprint by entering the top 100 cities in India and further expanding into international markets.

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