.
MergerLinks Header Logo

New Deal


Announced

Completed

Sequoia Capital completed the investment in SSENSE.

Financials

Edit Data
Transaction Value£2,920m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Apparel Retailers

Acquisition

technology platform

Cross Border

Canada

fashion

Private Equity

Minority

Single Bidder

Private

Friendly

Completed

Synopsis

Edit

Sequoia Capital, a private equity firm, completed its investment in SSENSE, a global technology platform operating at the intersection of culture, community, and commerce. Financial terms were not disclosed. "SSENSE was founded on the principles of challenging convention and using our platform to amplify the voices that are changing the way we see the world. I'm grateful to be surrounded by a diverse, world-class team who continues to contribute to the ongoing success of SSENSE. We've found a like-minded partner who shares our belief in pushing boundaries as we advance in our next stages of growth. Together, I'm confident we'll strengthen the strategic, operational, and technological foundations to achieve our bold aspirations," Rami Atallah, SSENSE Co-founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US