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New Deal


Announced

Completed

Insight Partners and ETF Partners led a £50m Series C round in Modern Milkman.

Financials

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Transaction Value£50m
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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Food Retailers and Wholesalers

United Kingdom

grocery delivery

Minority

Private

Single Bidder

Cross Border

Friendly

Private Equity

Acquisition

Venture Capital

Completed

Synopsis

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Investment firms Insight Partners and ETF Partners led a £50m Series C round in Modern Milkman, a grocery delivery startup that uses data analytics to map out milk rounds. Modern Milkman said it will use the new cash to use radio frequency identification inlays and tags to track the reusable glass bottles.

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