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New Deal


Announced

Completed

G Squared and Insight Partners led a $111m Series B2 round in Choco.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Single Bidder

Germany

Friendly

Private

digital platform

Minority

Acquisition

Cross Border

Digital Services

Venture Capital

food technology

Private Equity

Synopsis

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Investment firms G Squared and Insight Partners led a $111m Series B2 round in Choco, a Berlin, Germany-based food technology company. The company will use the additional funding to drive continued technology innovation, support its growth in the US and Europe, and expand to additional markets.

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