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New Deal


Announced

Completed

Molten Ventures completed the acquisition of Forward Partners for $52m.

Financials

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Transaction Value£41m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-7.3%
One Off Charge-

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Acquisition

Private Equity

Friendly

Single Bidder

United Kingdom

private equity firm

asset management company

Venture Capital

Domestic

Majority

Public

Completed

Synopsis

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Molten Ventures, a venture capital firm, completed the acquisition of Forward Partners, an early stage venture capital firm, for $52m. “The acquisition of Forward Partners will enable us to diversify the blend of maturity of our assets and provide a broader pipeline for follow-on investment. It follows soon after our acquisition of a stake in Seedcamp III, which also diversified asset maturity but with the addition of exposure to high-quality assets with nearer term visibility on realisation opportunities. This ongoing expansion of the platform helps position the business to capture opportunities at attractive valuations in what is increasingly a buyers’ market for venture capital,” Martin Davis, Molten Ventures CEO.

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