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New Deal


Announced

Completed

Anchor Equity Partners led a $210m funding round in Kurly.

Financials

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Transaction Value£158m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Cross Border

E-commerce

grocery delivery

grocery distributor

food delivery platform

South Korea

Acquisition

Private

Private Equity

Completed

Friendly

Single Bidder

Venture Capital

Synopsis

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Anchor Equity Partners, a Hong Kong-based private equity firm, led a $210m funding round in Kurly, a South Korea-based online grocery startup. The latest funding brings its total raised to approximately $761m and values the company at $3.3bn. The Seoul-based startup that provides next-day grocery delivery services across the country will use the fresh capital to advance its data infrastructure and logistics service and recruit talent.

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