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New Deal


Announced

Completed

Sixth Street Growth led a €285m investment in SumUp.

Financials

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Transaction Value£244m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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payments solutions

United Kingdom

FinTech

fintech

Acquisition

Minority

Completed

Friendly

Single Bidder

Private

Cross Border

Private Equity

Venture Capital

Synopsis

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Sixth Street Growth, a global investment firm, led a €285m investment in SumUp, a global financial services company, with participation from Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group. “Our mission is to create a world where everyone can build a thriving business. The consistent growth SumUp has shown over the past eleven years is a direct result of the success of the merchants we serve, and it would not be possible without the unwavering trust and support of the investor community. We are excited to have Sixth Street join that community. This funding gives us additional firepower to pursue growth opportunities and accelerate products that empower small businesses," Hermione McKee, SumUp CFO.

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