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New Deal


Announced

Completed

Activate Capital led a $100m series B funding round in Altana Technologies.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Venture Capital

United States

machine learning

data engineering

Minority

Cross Border

Completed

Digital Services

Acquisition

Private

Friendly

Single Bidder

Synopsis

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Activate Capital, a growth equity partner, led a $100m series B funding round in Altana Technologies, a software company, with participation from OMERS Ventures, Prologis Ventures, Reefknot Investments, Four More Capital, GV, Amadeus Capital Partners, Floating Point, and Ridgeline Partners. “Some of the most important companies are forged during economic adversity. Altana has a singular mix of ingredients: unique technology, network effects, and an all-star team pursuing a world-changing vision. Altana has the potential to provide the infrastructure of a better globalization. We are thrilled to partner with the company in the journey ahead,” Raj Atluru, Activate Capital Managing Partner.

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