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New Deal


Announced

Completed

The Raine Group and Premji Invest led a $555m Series C round in Heyday.

Financials

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Transaction Value£413m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Cross Border

Canada

E-commerce

e-commerce consulting

Acquisition

Private Equity

Friendly

Single Bidder

Venture Capital

Minority

Private

chatbots

Synopsis

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The Raine Group and Premji Invest led a $555m Series C round in Heyday, a social-media marketing platform, with participation from General Catalyst, Victory Park Capital, and Khosla Ventures. Heyday said the funds will be using to continue expanding its technology, investing in business development, and to buy up more assets.

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