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New Deal


Announced

TPG NewQuest completed to acquire a minority stake in Shadowfax Technologies from Eight Roads for $43.74m.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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logistics network

India

Digital Services

Acquisition

Friendly

Single Bidder

Majority

Private

Private Equity

Cross Border

Pending

Synopsis

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TPG NewQuest, a private equity platform, agreed to acquire a minority stake in Shadowfax Technologies, an on-demand logistics network, from Eight Roads, a venture capital fund, for $43.74m.

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