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New Deal


Announced

Partech led a $62m Series B round in Channable.

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

e-commerce solutions

e-commerce feed management

Friendly

Cross Border

Single Bidder

E-commerce

Minority

Private

Private Equity

Venture Capital

Completed

Synopsis

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Partech, one of the most active tech investors in the world, led a $62m Series B round in Channable, a global, e-commerce feed management, and PPC automation solution provider, with participation from Peak. “We are excited to partner with Rob, Robert, Stefan, and the team at Channable. The shift to multichannel commerce and the convergence of marketing channels and commerce channels creates complexity for merchants. Channable’s powerful, yet easy-to-use solutions allow brands and retailers to efficiently increase their audience and grow revenues. We are proud to be partnering with this team as they grow and expand into new markets – especially in Europe and North America," Bruno Crémel, Partech General Partner.

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