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Announced

Completed

Dragoneer Investment Group led a $300m Series F round in SpotOn.

Financials

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Transaction Value£241m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Single Bidder

United States

FinTech

financial software

Private Equity

Acquisition

Completed

Minority

Venture Capital

Cross Border

Friendly

fintech

Synopsis

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Dragoneer Investment Group, a growth-oriented investment firm, led a $300m Series F round in SpotOn, a software and payment company, with participation from Andreessen Horowitz, DST Global, Franklin Templeton, Mubadala Investment Company and G Squared. "This investment allows us to continue aggressively investing in tech, service and distribution to help our clients thrive, because their success is our mission. Dragoneer believed in our vision from the very beginning, and we are grateful for the ongoing confidence and support of such a respected firm," Zach Hyman, SpotOn Co-CEO.

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