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Announced

Completed

Haveli Investments completed the $150m investment in Blend Labs.

Financials

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Transaction Value£119m
Consideration TypePreference Shares
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Domestic

Single Bidder

Private

Private Equity

Minority

Completed

digital lending solutions

United States

FinTech

Synopsis

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Haveli Investments, a technology-focused private equity firm, completed the $150m investment in Blend Labs, a provider of cloud banking services. “This partnership with Haveli reflects confidence in Blend’s continued journey to transform financial services and is an important show of faith in our growth strategy. We look forward to working with Haveli to advance our goal of driving innovation in the space and delivering lasting value for our customers and shareholders,” Nima Ghamsari, Blend Labs Co-Founder and Head.

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