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New Deal


Announced

Completed

Tarsadia Investments led a $100m Series C round in Yieldstreet.

Financials

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Transaction Value£70m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Completed

Acquisition

Friendly

Minority

Digital Services

digital wealth management

United States

Private

Venture Capital

Single Bidder

Synopsis

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Tarsadia Investments, a private equity firm, led a $100m Series C funding round in Yieldstreet, a digital investing platform. The round was joined by Kingfisher Investment, Top Tier Capital Partners and Gaingels. Existing investors, Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Venture Capital also participated. "Milind and Michael have a clear understanding of what is needed and have assembled a strong leadership team to unlock the future of investing, today. I have no doubt that Yieldstreet will be a household name in alternative investments—which sets them worlds apart from other ventures we’ve analyzed," Mitch Caplan, Tarsadia President.

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