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Announced

Completed

Summit Partners led a $135m Series D round in Akeneo.

Financials

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Transaction Value£103m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Venture Capital

Friendly

Software

Single Bidder

Minority

United States

Cross Border

product experience management

Product Information Management software

Private Equity

product information management

Completed

Private

Synopsis

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Summit Partners, a global growth equity investor, led a $135m Series D round in Akeneo, a provider of product experience management and product information management, with participation from Alven and Partech. “The customer journey changed in the blink of an eye, and we believe the most nimble and effective way to manage these ever-evolving dynamics is to invest in creating product experiences that resonate no matter where the customer is browsing or buying,” Fred de Gombert, Akeneo CEO.

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