.
MergerLinks Header Logo

New Deal


Announced

Completed

Coatue Management and Valiant Peregrine Fund led a $200m funding round in Handshake.

Financials

Edit Data
Transaction Value£146m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

human capital solutions

Venture Capital

United States

Private

Friendly

Minority

Acquisition

Domestic

Private Equity

Productivity Software

Software

Synopsis

Edit

Coatue Management, a global investment manager, and Valiant Peregrine Fund led a $200m funding round in Handshake, a developer of a college career network designed to transform the recruiting experience for college students, career centers, and employers. Base10, Spark, Lightspeed, True Ventures, Kleiner Perkins, EQT Ventures, GGV Capital, the Chan Zuckerberg Initiative, Emerson Collective and Reach Capital also participated. "Millions of people, particularly those just starting out their careers, have been left behind by a purely networking-based approach to discovering talent. Our growth reflects a realization from the world's largest employers that they can no longer afford to leave talent on the table by tapping known 'connections' and following a traditional recruiting playbook," Garrett Lord, Handshake Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US