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New Deal


Announced

Completed

Uber led a $20m round in Everest Fleet.

Financials

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Transaction Value£16m
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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fleet management

Minority

Completed

Single Bidder

India

Transportation Services

Acquisition

Cross Border

Private

Friendly

Synopsis

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Uber, a ride-hailing services provider, led a $20m round in Everest Fleet, a fleet management company. “Everest has grown its fleet at an impressive pace and has set new industry benchmarks in asset utilisation. With the addition of new cars, including electric vehicles, Uber will continue to deliver a great service experience to riders,” Prabhjeet Singh, Uber President of India and South Asia.

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