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Eurazeo led a $36m Series C round in Igloo.

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-

Sources

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Tags

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cooling boxes

drinkware

United States

Household Equipment and Products

Acquisition

Domestic

Private

Private Equity

Venture Capital

Completed

Friendly

Minority

Single Bidder

Synopsis

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Eurazeo, a private equity firm, led a $36m Series C round in Igloo with participations Openspace Ventures, a venture capital firm, and La Maison, a private equity firm. “The insurance market in South-east Asia is still very underpenetrated and we believe Igloo is in a strong position to help solve this by making insurance more easily accessible and understandable for consumers,” Albert Shyy, Eurazeo Managing Director.

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