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Announced

Completed

Crossbeam Venture Partners and General Global Capital led a $90m Series A round in Threecolts.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

marketplace management platform

Private

Minority

United Kingdom

Single Bidder

Private Equity

Venture Capital

Friendly

Completed

Software

Acquisition

Synopsis

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Crossbeam Venture Partners and General Global Capital led a $90m Series A round in Threecolts, a comprehensive marketplace management platform for businesses, with particiaption from Stratos and CoVenture. "Threecolts' impressive execution over the past year means that sellers can now access a one-stop shop solution for an increasing number of pain points, easing vendor fatigue and administrative loads. Yoda and team have provided returns that are realized in quick feedback loops for customers of all shapes and sizes, from large enterprises to up-and-coming businesses," Sakib Jamal, Crossbeam Senior Investment Associate.

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