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Announced

Completed

SoftBank Vision Fund 2 led a $240m investment round in Forto.

Financials

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Transaction Value£173m
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Digital Services

logistics solutions

digital solutions

digital freight forwarding

Germany

Friendly

Venture Capital

Completed

Private Equity

Cross Border

Single Bidder

Acquisition

Minority

Private

Synopsis

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SoftBank Vision Fund 2 led a $240m investment round in Forto, a provider of digitized freight forwarding and supply chain solutions, with participation from Citi Ventures, G Squared, Northzone, Cherry Ventures, Unbound, INVEN Capital and Fuse Venture Partners. "With this investment we are able to further accelerate our growth path and roadmap. In our effort to further digitize global trade, we plan to significantly expand our geographical footprint, technology platform, and customer operations, to cement our market leadership in Europe and beyond," Michael Wax, Forto CEO and Co-Founder.

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