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New Deal


Announced

Completed

WestCap led a $140m funding round in Blueground.

Financials

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Transaction Value£101m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

property technology

Venture Capital

Friendly

Acquisition

Minority

Private Equity

United States

Real Estate Holding and Development

Completed

Synopsis

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WestCap, a growth equity firm, led a $140m funding round in Blueground, a global proptech company. Additional investors include Geolo Capital, VentureFriends and Prime Ventures. "Funding will be used to fuel Blueground’s expansion from an existing presence of over 5k apartments in 15 cities across the globe including Los Angeles, Seattle and Istanbul," Alex Chatzieleftheriou, Blueground CEO.

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