Fractal Analytics Bags $170 Mn Via Secondary Sale At $2.4 Bn Valuation

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In the run up to its IPO, Fractal Analytics has raised $170 Mn through a secondary share sale, valuing the SaaS unicorn at $2.44 Bn.

The deal involved the sale of a 6% stake held by Fractal’s early backer Apax Partners to a consortium of 22 institutional investors, a source close to the development told Inc42. 

The top three buyers include Trust Investment Advisors, Gaja Capital and Neo Asset Management, while others such as White Oak Capital Management also participated in the round.

The startup was last valued $1.55 Bn after raising…



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Fractal Analytics Bags $170 Mn Via Secondary Sale At $2.4 Bn Valuation


In the run up to its IPO, Fractal Analytics has raised $170 Mn through a secondary share sale, valuing the SaaS unicorn at $2.44 Bn.

The deal involved the sale of a 6% stake held by Fractal’s early backer Apax Partners to a consortium of 22 institutional investors, a source close to the development told Inc42. 

The top three buyers include Trust Investment Advisors, Gaja Capital and Neo Asset Management, while others such as White Oak Capital Management also participated in the round.

The startup was last valued $1.55 Bn after raising…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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