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Transactions / P••••••••

P•••••••• Lands Strategic Investment from S••••• P••••••• and Klaviyo Founders

Growth investmentannouncedannounced Jun 5, 2024Fact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
business_services / marketing
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
5 named
Buy side
  • “At a time when media mix diversity is increasingly critical, P•••••••• has built a leading self-serve programmatic direct mail platform used by brands and agencies around the world to help acquire and retain customers,” said M•••••• W•••••, a Managing Director with S••••• P••••••• and former CEO of
  • We first learned of P•••••••• following enthusiastic reviews from several consumer companies, and we look forward to partnering with this impressive team during this next phase of growth,” added J••••••• H•••••••••, Vice President with S••••• P••••••• who has joined the P•••••••• board of directors.
  • Founded in 1984, S••••• P••••••• is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities.
Side not stated
  • “S••••• P••••••• has a long history of partnering with category-leading companies, including Klaviyo and Brooklinen,” said M•••••• E••••••, founder and co-CEO of P••••••••.
  • P•••••••• Lands Strategic Investment from S••••• P••••••• and Klaviyo Founders
Evidence
P•••••••• Lands Strategic Investment from S••••• P••••••• and Klaviyo Founders