M&A Deal Summary |
|
|---|---|
| Date | 2024-12-23 |
| Target | Despegar.com |
| Sector | Internet Software and Services |
| Buyer(s) | Prosus |
| Sellers(s) | L Catterton Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | A&O Shearman (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Internet Software and Services |
| Employees | 21,048 |
| Revenue | 6.2B USD (2025) |
Prosus is a global consumer internet group and a technology investor that operates consumer internet businesses, particularly focused on online classifieds, payments and fintech, and food delivery in markets including India, Russia and Brazil. Its ventures arm pursues new growth opportunities with investments in edtech and health, among others. Prosus was founded in 1994 and is based in Amsterdam, Netherlands.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Internet Software and Services M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| Country: Argentina M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
PayU GPO
Amsterdam, Netherlands PayU GPO is a financial services provider with more than 300 payment methods and PCI-certified platforms to process. The company also specializes in innovative consumer and small business products that improve access to credit and banking services in markets that are underserved by traditional financial services providers. PayU GPO is based in Amsterdam, Netherland. |
Sell | $610M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-24 |
Just Eat Takeaway
Amsterdam, Netherlands Just Eat Takeaway is an online food delivery marketplace serving customers throughout Europe, Israel, and Asia. Takeaway is focused on connecting consumers and restaurants through its platform. Just Eat Takeaway was founded in 2000 and is based in Amsterdam, the Netherlands. |
Buy | €4.1B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 37.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
L Catterton is a private equity firm that targets investments in consumer-related companies located throughout North America. L Catterton looks for businesses with identifiable brands and operating in 'defensible and extensible' positions within growth industry segments. Specific sectors of interest include branded consumables, food/beverages, consumer services, restaurants, media and marketing, household durables, specialty retail, mass merchant retail, and luxury/apparel. Prospective transactions include management buyouts, recapitalizations, turnarounds, and growth financings. L Catterton was formed in 1990 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 103 of 105 |
| Sector: Internet Software and Services M&A | 3 of 4 |
| Type: Add-on Acquisition M&A Deals | 48 of 49 |
| Country: Argentina M&A | 1 of 1 |
| Year: 2024 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-12 |
Postcard Cabins
New York, New York, United States Postcard Cabins is a designer and operator of tiny house rentals in beautiful rural areas just outside major cities. Postcard Cabins places their custom-built homes, each between 160 and 200 square feet, on secluded land in wooded, natural landscapes and rents them out by the night to those looking to easily escape their daily routines and experience the restorative benefits of nature. Postcard Cabins was founded in 2015 and is based in New York, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-16 |
Freetrade
London, United Kingdom Freetrade is an investing app that makes investing simple, and free. Freetrade offers commission-free trading and an ever-improving feature set sustainably, Freetrade have built their own engineering system called Invest by Freetrade that allows to execute your trades much cheaper and faster than using third-party solutions. Freetrade is based in London, United Kingdom. |
Sell | £160M |
