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New Deal


Announced

Completed

BlackRock led a $145m Series E round in GrubMarket.

Financials

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Transaction Value£105m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Venture Capital

Private Equity

Food Products

produce

drinks

snacks

gluten free food

organic food

United States

Minority

Single Bidder

Acquisition

Completed

Private

Friendly

Synopsis

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BlackRock led a $145m Series E round in GrubMarket, with participation from Liberty Street Funds, Japan Post Capital, Walleye Capital, Celtic House Asia Partners, INP Capital, Pegasus Tech Ventures, RIVC and Gaingels. "GrubMarket is transforming the trillion-dollar food distribution industry with unprecedented speed by implementing advanced digital solutions and operational discipline. The company's scale, growth, and profitability are extraordinarily impressive. Pegasus is delighted and honored to be a part of GrubMarket's exciting journey ahead," Bill Reichert, Pegasus Tech Ventures Partner.

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