Investment Summary

General Atlantic and DST Global Solutions Invest In Klarna

On December 9, 2011, growth capital firm General Atlantic and DST Global Solutions invested in information technology company Klarna

Investment Highlights
  • This is General Atlantic’s 17th and DST Global Solutions’ 1st transaction in the Information Technology sector.
  • This is General Atlantic’s 1st and DST Global Solutions’ 1st transaction in Sweden.
Investment Fate
  • Klarna was sold to a consortium of buyers in 2017.
  • Klarna went public in 2025.

Investment Summary

Date 2011-12-09
Target Klarna
Sector Information Technology
Investor(s) General Atlantic
DST Global Solutions
Deal Type Growth Capital

Target

Klarna

Stockholm, Sweden
Entrance to Klarna's corporate headquarters in central Stockholm.
Entrance to Klarna's corporate headquarters in central Stockholm.
Klarna offers safe and easy-to-use payment solutions to e-stores in Europe with the ambition to make e-commerce safer, simpler and more fun. At the core of Klarna's services is the concept of after delivery payment, which lets buyers receive ordered goods before any payment is due. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. Klarna was founded in 2005 and is based in Stockholm, Sweden.

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Investor(S) 2

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 95 of 364
Sector: Information Technology M&A 17 of 45
Type: Growth Capital M&A Deals 37 of 140
Country: Sweden M&A 1 of 2
Year: 2011 M&A 11 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-27 Zagat Survey

New York, New York, United States

Zagat Survey LLC is a publisher of of consumer survey-based dining, lodging and leisure information. Zagat was founded in 1979 by Tim and Nina Zagat as a revolutionary guide that brought user-generated content to the mainstream. Through the 1980s and 1990s, the iconic brand became a leader in the modern hospitality industry and was a driving force that helped pique cultural interest in food, at one point covering over 90 cities worldwide, through reviews based on the experiences of millions of avid consumers.

Sell $151M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-14 Saxo Bank

Copenhagen, Denmark

Saxo Bank is a provider of multi-asset electronic trading solutions for retail and institutional investors globally. Saxo Bank was formed in 1992 and is based in Copenhagen, Denmark.

Sell -
Investor

DST Global Solutions

Surbiton, United Kingdom

Category Company
Founded 1983
Sector Software
DESCRIPTION

DST Global Solutions Ltd. is a provider of software sophisticated information processing and servicing solutions to companies around the world.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2011 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-21 Klarna

Stockholm, Sweden

Klarna offers safe and easy-to-use payment solutions to e-stores in Europe with the ambition to make e-commerce safer, simpler and more fun. At the core of Klarna's services is the concept of after delivery payment, which lets buyers receive ordered goods before any payment is due. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. Klarna was founded in 2005 and is based in Stockholm, Sweden.

Sell -