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New Deal


Announced

Completed

Insight Partners led a Series A funding round in Modern Milkman.

Financials

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

Sources

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Friendly

Private

Food Retailers and Wholesalers

Minority

grocery delivery

Acquisition

United Kingdom

Private Equity

Cross Border

Completed

Venture Capital

Synopsis

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Insight Partners, a venture capital and private equity firm, led a Series A funding round in Modern Milkman, a provider of grocery delivery services intended to reduce the use of plastic. Other investors also include ETF Partners and Simon Murphy. “Consumers are reassessing their consumption, and they expect the businesses they buy from to help them on that journey. The Modern Milkman combines a focus on great customer experience with a business model that is suited to significant expansion to meet the needs of customers across the UK and beyond, and we are delighted to be supporting the company on the next stage of its growth," Jeff Lieberman, Insight Partners Managing Director.

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