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New Deal


Announced

Completed

Lynrock Lake completed the $66m investment in Edgio.

Financials

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Transaction Value£52m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Public

Domestic

Minority

web solutions

Completed

Friendly

Single Bidder

United States

Digital Services

Synopsis

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Lynrock Lake, a private equity firm, completed the $66m investment in Edgio, a a provider of the solutions in web applications. “We appreciate Lynrock’s ongoing support and alignment with our strategy and vision. These transactions will provide us with the additional financial flexibility to expand our capabilities and scale. Our business transformation remains on track, and we continue to execute against our key strategic objectives. We look forward to continuing to deliver world-class solutions to our customers and partners,” Bob Lyons, Edgio President and CEO.

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