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New Deal


Announced

Completed

Permira led a $312m Series G round in GoCardless.

Financials

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Transaction Value£230m
Consideration TypeCash
Capital Owned-
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Completed

fintech solutions

Private Equity

Cross Border

Single Bidder

Venture Capital

FinTech

Minority

Friendly

Private

Acquisition

Synopsis

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Permira, an investment firm, led a $312m Series G round in GoCardless, a fintech in direct bank payment solutions, with participation from BlackRock, an investment management corporation. “The rise of open banking presents a once-in-a-generation shift, one that will change the way payments happen all over the world. I am delighted to have partners like Permira and BlackRock Private Equity Partners on board, with their global footprint and strong expertise in tech, to support us in building a direct bank payment network that lets payments flow freely, without cards, expiration dates or extra costs. I look forward to working with them and our new board members to accelerate the future development of GoCardless," Hiroki Takeuchi, GoCardless Co-Founder and CEO.

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