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New Deal


Announced

Completed

General Atlantic, Capital Today, CDH Investments and DST Global led the $510m Series C and D round in PatPat.

Financials

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Transaction Value£370m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Private

Cross Border

Minority

China

kids wear

Acquisition

Completed

E-commerce

Private Equity

Friendly

Synopsis

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General Atlantic, Capital Today, CDH Investments and DST Global led the $510m Series C and D round in PatPat, a global e-commerce website that sells baby clothes and matching family outfits. Additional investors included SIG China, Ocean Link, INCE Capital and GGV Capital. PatPat, which delivers products to consumers across over 100 countries and regions, plans to expand beyond its major markets in Europe and North America into regions including the Middle East and South America. With financial support from its PE-VC investors, the firm will further advance its global presence in the following three to five years.

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