.
MergerLinks Header Logo

New Deal


Announced

Completed

Eldridge led a $165m Series D round in KOHO Financial.

Financials

Edit Data
Transaction Value£122m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Canada

Minority

Acquisition

Cross Border

Private Equity

financial technology

FinTech

Completed

Friendly

Private

Venture Capital

Single Bidder

Synopsis

Edit

Eldridge, a holding company headquartered in Greenwich, led a $165m Series D round in KOHO Financial, a financial technology company, with participation from Drive Capital, TTV Capital, HOOPP, Round13, and BDC. "I think our growth is evidence that Canadians are looking for something different. It takes a combination of exceptional team members, investors and partners to see KOHO’s mission through and we’re fortunate to have all three," Daniel Eberhard, KOHO CEO and Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US