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New Deal


Announced

Completed

Oak HC/FT led a $200m Series C round in ZenBusiness.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Venture Capital

Private

Cross Border

Completed

IT Services: Other

business partner

United States

Acquisition

Private Equity

Friendly

Single Bidder

online platform

Synopsis

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Oak HC/FT led a $200m Series C round in ZenBusiness, a trusted partner for business owners who want to start, run, and grow a business, with participation from SoftBank Vision Fund 2, Cathay Innovation, GreatPoint Ventures and Greycroft. "ZenBusiness has revolutionized the process of launching and running a successful business. Like Shopify® did for e-commerce, ZenBusiness is creating the category-defining solution for the service sector, providing an easy-to-use platform with embedded fintech solutions so entrepreneurs can turn their ideas into money-making realities. We handle the ‘business stuff’ so our customers can focus on their passion and build the life they want, stress-free and without sacrificing their well-being," Ross Buhrdorf, ZenBusiness Founder and CEO.

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