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New Deal


Announced

Completed

Sixth Street led a $165m funding round in SnapLogic.

Financials

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Transaction Value£124m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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automation

Friendly

Private Equity

Completed

United States

Single Bidder

Domestic

Minority

Private

Venture Capital

Auto Technology

Acquisition

Synopsis

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Sixth Street, an investment firm, led a $165m funding round in SnapLogic, a company specializing in enterprise automation. “The enterprise automation market is booming, and our latest funding is further validation of our growing momentum and product leadership in that space. Unlike point-to-point players, our focus on the enterprise will unlock the power of applications, data, and APIs. In the post-pandemic era, our customers will use AI and automation to revolutionize their hybrid workforces. With SnapLogic, hybrid- and multi-cloud enterprises can ensure their massive investments in public and private clouds, SaaS, cloud data warehousing, and APIs will pay off," Gaurav Dhillon, SnapLogic CEO.

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