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New Deal


Announced

Completed

TDR Capital led a $80m Series B funding round in Bud Financial.

Financials

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Transaction Value£64m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Domestic

Private Equity

United Kingdom

Completed

FinTech

Minority

Single Bidder

Friendly

Private

financial services

Synopsis

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TDR Capital, a private equity firm, led a $80m Series B funding round in Bud Financial, a fast growing fintech company that helps banks connect their apps and data to other fintech companies and financial service providers. Financial terms were not disclosed. “There's lots of open banking aggregation players, but there's very few people that have built really good data intelligence, and what we are allowing for is for businesses that work with existing aggregators to use our intelligence services,” Ed Maslaveckas, Bud Financial Co-Founder and CEO.

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