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New Deal


Announced

Completed

Sequoia, Tekne, Ghisallo, G Squared, D1 Capital and Naya led a €600m funding round in Bolt.

Financials

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Transaction Value£512m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Software

software development

technology services

Estonia

Friendly

Acquisition

Private Equity

Private

Cross Border

Venture Capital

Completed

Minority

Synopsis

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Sequoia, Tekne, Ghisallo, G Squared, D1 Capital and Naya led a €600m ($712m) funding round in Bolt, an Estonian mobility company that offers vehicle for hire, micromobility, car-sharing, and food delivery services. Bolt, which already offers ride hailing, car sharing, electric scooters and food delivery, says its expanding range of consumer and transport services qualifies it as Europe’s first ‘super-app’.

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