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New Deal


Announced

Completed

Softbank Vision Fund 2 and Goldman Sachs Asset Management led a €500m Series D round in Rimac.

Financials

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Transaction Value£425m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Minority

Completed

Auto Parts

automotive components

Croatia

Private

Private Equity

Venture Capital

Friendly

Single Bidder

Cross Border

car manufacturer

Synopsis

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Softbank Vision Fund 2 and Goldman Sachs Asset Management led a €500m ($537m) Series D funding round in Rimac Group, an electric automobiles manufacturer, with participation from existing shareholders Porsche and InvestIndustrial. "Rimac has ambitious growth plans in the next few years, and we are humbled by the support of significant new investors like SoftBank Vision Fund 2 and Goldman Sachs Asset Management believing in our vision. Our gratitude also goes to Porsche and InvestIndustrial who have played an important part in our success so far and reinforced their support with new investment," Mate Rimac, Rimac CEO.

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