.
MergerLinks Header Logo

New Deal


Announced

Completed

Coatue Management led a $200m funding round in Pleo.

Financials

Edit Data
Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Acquisition

Minority

FinTech

fintech

Denmark

Private

Completed

Friendly

Venture Capital

Private Equity

payments solutions

Synopsis

Edit

Coatue Management, a private equity firm, led a $200m funding round in Pleo, a spending solutions provider. Additional investors include Alkeon Capital Management, Bain Capital Ventures, Kinnevik and Stripes "Our vision is certainly big enough to create a massive standalone company. An IPO is certainly a way forward, but the way the financial markets have developed the past five years, it doesn’t have to be the only option," Jeppe Rindom, Pleo CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US