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New Deal


Announced

Instabox to acquire Porterbuddy from Verdane.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Digital Services

Single Bidder

Pending

Private

Majority

Norway

shipping technology

Cross Border

Friendly

shipping services

Private Equity

Synopsis

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Instabox, a Swedish next-gen technology company, agreed to acquire Porterbuddy, a fast-growing logistics technology platform, from Verdane, a private equity firm. Financial terms were not disclosed. “We’ve had our eyes on Porterbuddy for a while, as one of the most innovative last-mile companies in the Nordics. I’m particularly impressed by their 4.9 out of 5.0 user rating which means that they share our obsession with user satisfaction, as well as their home delivery tech stack which I believe is one of the strongest out there. We couldn’t be more excited to join forces with the Porterbuddy team as we continue to expand in new markets,” Alexis Priftis, Instabox CEO and Founder.

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