.
MergerLinks Header Logo

Announced

Completed

Disruptive led a $250m Series D round in Forto.

Financials

Edit Data
Transaction Value£188m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Venture Capital

Private Equity

Acquisition

Cross Border

Minority

Private

Completed

Friendly

Digital Services

logistics solutions

digital solutions

digital freight forwarding

Germany

Single Bidder

Synopsis

Edit

Disruptive led a $250m Series D round in Forto, a provider of digitized freight forwarding and supply chain solutions, with participation from Softbank Vision Fund 2, G Squared, Northzone, Unbound and A.P. Moeller Holding. "We recognise that this is an exceptionally challenging period for many of our customers. As our business remains well-funded from our previous round in 2021, this new round will simply allow us to accelerate the execution of our existing strategy, particularly on our geographic expansion," commented Wax. "It will allow us to further widen our customer offer, bring our technology platform support to customers in new markets, and capitalize on new opportunities as they arise," Michael Wax, Forto CEO and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US