Investment Summary

General Atlantic Invests In Clip

On December 28, 2016, growth capital firm General Atlantic invested in internet software and services company Clip

Investment Highlights
  • This is General Atlantic’s 30th transaction in the Internet Software and Services sector.
  • This is General Atlantic’s 2nd transaction in Mexico.

Investment Summary

Date 2016-12-28
Target Clip
Sector Internet Software and Services
Investor(s) General Atlantic
Deal Type Growth Capital

Target

Clip

Mexico, Mexico
Clip is a commerce and digital payments platform in Mexico that is empowering small and medium-sized businesses to interact and transact with their consumers more effectively through innovative technologies and the ability to accept all payment methods digitally. Clip was founded in 2012 and is based in Mexico, Mexico.

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Investor(S) 1

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 168 of 364
Sector: Internet Software and Services M&A 30 of 78
Type: Growth Capital M&A Deals 75 of 139
Country: Mexico M&A 2 of 8
Year: 2016 M&A 15 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-16 Hemnet

Stockholm, Sweden

Hemnet is an online real estate classifieds platform for home buyers and sellers. Hemnet was founded in 1998 and is based in Stockholm, Sweden.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 Fintech

Tampa, Florida, United States

Fintech is a provider of data, payment, and software solutions to the beverage alcohol industry. Fintech’s flagship product, OneSource, provides the beverage alcohol industry a single source, secure payment solution that ensures invoices are paid on time and in compliance within a highly-regulated environment. OneSource connects alcohol distributors with retailers and replaces cash, check, and money orders, reducing errors and saving customers time and money. Fintech was founded in 1991 and is based in Tampa, Florida.

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