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New Deal


Announced

Completed

Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo led a $40m funding round in Versana.

Financials

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Transaction Value£32m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

Single Bidder

Friendly

Completed

Financial Data and Systems

financial services

syndicated loans

Acquisition

Private

Minority

Venture Capital

Domestic

Synopsis

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Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo led a $40m funding round in Versana, a fintech bringing transparency, efficiency and velocity to the syndicated loan market. "We’re thrilled to welcome our new investor banks to Versana and appreciate the tremendous value they will bring to our platform. We now have seven of the top 10 major US agent banks committed to our game-changing digital data platform, further validating our scalability and mission to modernize the loan market," Cynthia E. Sachs, Versana Founding CEO.

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