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New Deal


Announced

Completed

SoftBank Vision Fund 2 led a $150m Series B round in Firework.

Financials

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Transaction Value£119m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital platform

Minority

Friendly

Digital Services

Private

Single Bidder

Venture Capital

Cross Border

Acquisition

Completed

United States

livestreaming commerce

Private Equity

Synopsis

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SoftBank Vision Fund 2 led a $150m Series B round in Firework, a livestreaming commerce and digital transformation platform. "With this investment, our growth engine is firing on all cylinders. Our core technology and business model have already been proven in the market many times over, and with this capital to realize our vision, Firework can now focus most of our efforts on evolution and growth, in all its forms – growing our team, growing our user base, and growing our technology, to ensure the Firework platform never loses step with the bleeding edge of next-generation customer experience," Vincent Yang, Firework CEO.

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