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New Deal


Announced

Completed

General Atlantic led a $150m Series C round in Hibob.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Acquisition

Domestic

Private

human resources management

Software

Private Equity

Completed

Friendly

Single Bidder

Minority

United States

software development

Synopsis

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General Atlantic, a global growth equity firm, led a $150m Series C round in Hibob, the company behind 'bob', a HR platform, with participation from Bessemer Venture Partners, Battery Ventures, Eight Roads and Entrée Capital. This round brings the company's total investment to $274m since Hibob was founded in late 2015. This new funding will be used to drive continued global expansion and develop innovative work tech modules that are designed to support customers' growth.

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