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New Deal


Announced

Completed

Silver Lake led a $20m Series B funding round in ReserveBar.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wine retailer

Venture Capital

Private

Friendly

Single Bidder

Private Equity

Acquisition

Completed

Food Retailers and Wholesalers

Minority

United States

Domestic

Synopsis

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Silver Lake, a company invest in technology, led a $20m Series B funding round in ReserveBar, a spirits, wine and champagne online seller. "We couldn't be more excited to have Silver Lake and the extremely talented investor group led by Doug as our partners. The Series B funding will accelerate the unprecedented growth we've experienced and will greatly expand opportunities for ReserveBar's spirits brand partners in the realm of content-to-commerce, cutting edge digital marketing and media tactics, data and analytics, efficient execution of new limited edition products, and technology enablement for our supplier partners. This is a win not only for ReserveBar but also our spirits supplier partners and growing retailer network," Lindsay Held, ReserveBar co-founder and CEO.

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