.
MergerLinks Header Logo

New Deal


Announced

Completed

Qatar Investment Authority led a $275m funding round in Thumbtack.

Financials

Edit Data
Transaction Value£194m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

E-commerce

services marketplace

United States

Cross Border

Private Equity

Single Bidder

Minority

Acquisition

Friendly

Completed

Private

Venture Capital

e-commerce

Synopsis

Edit

Qatar Investment Authority led a $275m funding round in Thumbtack, a modern home management platform, with participation from Blackstone, G Squared, Baillie Gifford, CapitalG, Founders Circle Capital, Sequoia Capital, and Tiger Global Management. "We want instant, on demand everything, but when it comes to fixing, maintaining and improving our homes that experience doesn’t exist. Thumbtack has an incredible opportunity to bring the $500bn home services market into the 21st century. We will create a new era of home management — and deliver the peace of mind every homeowner needs," Marco Zappacosta, Thumbtack CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US