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New Deal


Announced

Completed

BFS Capital and HOPU Investment led a $148m Series C+ funding round in Iluvatar CoreX.

Financials

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Transaction Value£121m
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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Electronic Components and Equipment

computing solutions

China

Acquisition

Private

Friendly

Domestic

Completed

Private Equity

Single Bidder

Venture Capital

software platform

Synopsis

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BFS Capital, a real estate development company, and HOPU Investment, a private equity investment firm, led a $148m Series C+ funding round in Iluvatar CoreX, a high-performance computing solutions provider, with participation from Shanghai Guosheng Group, Vista Investment, Ding Xiang Capital, Greater Bay Investment Group, and Shanghai Free Trade Zone Equity Fund. “With strong technology know-how and successful commercialisation experience in the area, Iluvatar Corex is expected to empower the industry development across different sectors by offering its computing solutions,” Lin Sihan HOPU Investment Managing Director.

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