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New Deal


Announced

Completed

Arena Holdings and Altimeter Capital led a $450m Series D round in Hopin.

Financials

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Transaction Value£323m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Private Equity

Single Bidder

Digital Services

virtual events

United Kingdom

Cross Border

Friendly

Acquisition

Minority

Private

Completed

Synopsis

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Arena Holdings and Altimeter Capital led a $450m Series D round in Hopin, a virtual events platform designed to connect distributed communities, with participation from Adam Street Partners, Untitled Investments, XN, Andreessen Horowitz, DFJ Growth, General Catalyst, GIC, IVP, Northzone, Salesforce Ventures, Slack Fund, Temasek, and Tiger Global. "Hopin started with the goal of giving people more options for meaningful connection. We continue to uplevel with the priority to become accessible to all, and offer the optimal solution to seamlessly connect people to experiences for live events and beyond. Hopin plans to be wherever important conversations and connections happen. We are grateful for the ongoing support and confidence of our investors to actualize this," Johnny Boufarhat, Hopin CEO and Founder.

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