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New Deal


Announced

Completed

Insight Partners led a $45m Series B round in Wisetack.

Financials

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Transaction Value£32m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

payments technology

Friendly

United States

Single Bidder

Completed

Venture Capital

Private Equity

Private

buy now pay later

Acquisition

Payments / Commerce

Minority

Synopsis

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Insight Partners led a $45m Series B round in Wisetack, a technology company that brings buy now, pay later to in-person services like home and auto repair, with participation from Greylock Partners and Bain Capital. "In just a couple of years, Wisetack has become the go-to leader in embedded financing for home services, partnering with vertical SaaS leaders such as Housecall Pro and Jobber, who offer consumer financing to their customer bases of tens of thousands of home services professionals. With this new influx of capital, we can continue to build the teams and resources necessary to expand faster into other service-based categories," Bobby Tzekin, Wisetack CEO.

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