Investment Summary

Silver Lake Invests In SoFi

On February 24, 2017, private equity firm Silver Lake invested in financial services company SoFi

Investment Highlights
  • This is Silver Lake’s 8th transaction in the Financial Services sector.
  • This is Silver Lake’s 64th transaction in the United States.
  • This is Silver Lake’s 23rd transaction in California.

Investment Summary

Date 2017-02-24
Target SoFi
Sector Financial Services
Investor(s) Silver Lake
Deal Type Venture

Target

SoFi

San Francisco, California, United States
SoFi is a finance company taking a radical approach to lending and wealth management. From unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. SoFi was founded in 2011 and is based in San Francisco, California.

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Investor(S) 1

Investor

Silver Lake

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 104.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.


DEAL STATS #
Overall 84 of 135
Sector (Financial Services) 8 of 11
Type (Venture) 6 of 10
State (California) 23 of 37
Country (United States) 64 of 95
Year (2017) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-19 Avaya

Santa Clara, California, United States

Avaya, Inc. is a global provider of communication systems, applications, and end-to-end services to enterprises worldwide; and offers IP telephony solutions, traditional voice communications solutions, contact center infrastructure and applications, and unified communications gear and appliances. Avaya was formed in 2000 and is based in Santa Clara, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 Qunar.Com

Beijing, China

Qunar.Com, Inc. provides information on flight tickets, hotels, packages, visas, and other travel services. Qunar.Com was founded in 2005 and is based in Beijing, China.

Sell -