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New Deal


Announced

Completed

CGC led a $200m funding round in everphone.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

telecommunications equipment

Private

Venture Capital

Acquisition

Completed

Friendly

Minority

Private Equity

Telecommunications Equipment

Germany

Synopsis

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Cadence Growth Capital, a private equity fund, led a $200m funding round in everphone, a telecommunications equipment supplier. The round was joined by Deutsche Telekom, AlleyCorp and Signals Venture Capital. The fresh capital will be used to expand activities in acquiring new business customers. Additionally, the money will go towards further internationalization, increasing personnel, product development, and the growth of the active device fleet, which already numbers over 100k devices.

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