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New Deal


Announced

Completed

Planet First Partners led a $110m Series C round in FINN.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

car subscription

Auto Services

Acquisition

Cross Border

Minority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Planet First Partners, a European growth equity sustainable investment platform, led a $110m Series C round in FINN, a car subscription provider, with participation from HV Capital, Korelya Capital, UVC Partners, White Star Capital and Picus Capital. "The transition to electric vehicles is one of the major societal shifts taking place globally and is crucial in our move towards a more sustainable economy. With road transport accounting for around one-sixth of global emissions, electric vehicles are vital to decarbonize society. FINN’s easy-to-use subscription model offers an innovative solution to assist consumers in making the move to electric vehicles and reducing their own carbon footprint,” Nathan Medlock, Planet First Partners Managing Partner.

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