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New Deal


Announced

Completed

Blue Cloud Ventures led a $35m Series B round in Ninety.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Entrepreneurial Operating System

Software

Venture Capital

Private

Private Equity

Minority

Completed

Friendly

Single Bidder

Domestic

Synopsis

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Blue Cloud Ventures, a New York-based venture capital fund, led a $35m Series B round in Ninety, a cloud-based platform, with participation from Catalyst Investors and Insight Partners. "The opportunity to join Ninety in reshaping the way work is done — locally, regionally, nationally, or internationally — is extremely compelling for us. We believe Ninety and its partnerships with some of the world's leading coaching communities, is uniquely positioned to meet the needs of the ever-evolving world of work, and we couldn't be more happy to partner with them to make this happen," Eric Guardiola, Blue Cloud Ventures Principal.

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