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New Deal


Announced

Completed

Eldridge and Norwest Venture Partners led a $400m Series B round in Velocity Global.

Financials

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Transaction Value£321m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Digital Services

employment solutions

expansion solutions

Private

Domestic

Single Bidder

Venture Capital

Acquisition

Friendly

Minority

Private Equity

Completed

Synopsis

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Eldridge and Norwest Venture Partners led a $400m Series B round in Velocity Global, a provider of global talent solutions. "Velocity Global’s proven technology platform is positioned to transform the future of work, offering businesses a frictionless solution for building and expanding their teams. We are proud to partner with Ben and his team as demand continues to grow for best-in-class workforce solutions that support organizations looking to scale across the globe," Todd Boehly, Eldridge CEO.

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