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New Deal


Announced

Completed

Atomico and General Catalyst led a $50m Series B round in ChannelEngine.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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e-commerce optimalization

Payments / Commerce

Minority

Netherlands

Private

Cross Border

Single Bidder

Friendly

Private Equity

software platform

Venture Capital

Acquisition

Completed

Synopsis

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Atomico, an investment firm that focuses on helping disruptive technology companies scale globally, led a $50m Series B round in ChannelEngine, a company which helps brands, wholesalers, and retailers to effectively sell on marketplaces in a fully automated way. with participation from General Catalyst, Inkef, Airbridge Equity Partners, and Stephan Schambach. “The COVID-19 pandemic dramatically accelerated the adoption of e-commerce, which now accounts for 20% of all global retail sales. The global e-commerce market is expected to grow by over $500 billion between 2022 and 2023 alone. By building the largest e-commerce operating platform, ChannelEngine is set to capitalize on this opportunity by giving brands and retailers instant access to the global marketplace,” Luca Eisenstecken, Atomico Principal.

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