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New Deal


Announced

Completed

Thoma Bravo, TPG and Goldman Sachs Asset Management led a $420m financing round in project44.

Financials

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Transaction Value£308m
Consideration TypeCash
Capital Owned-
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Completed

Minority

Private

Friendly

Venture Capital

Software

saas

cloud computing

logistics and supply chain

United States

Domestic

Synopsis

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Thoma Bravo, TPG and Goldman Sachs Asset Management led a $420m financing round in project44, a supply chain visibility platform, with participation from mergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire, Sixth Street and Sozo Ventures. “Today, project44 is helping companies solve supply chain challenges ranging from inflationary pressure and lockdowns to unpredictable weather and bottlenecks at ports. Our growth over the past year speaks to these macroeconomic tailwinds and the competitive edge we can provide to our customers,” Jett McCandless, project44 Founder and CEO.

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