SumUp raises €1.5bn, funding round led by Goldman Sachs [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
SumUp says that the deal highlights existing and new investors conviction in SumUp's established and successful business model. This has generated positive EBITDA since December 2022 combined with over a decade of sustained growth. Interest from the market was significant and SumUp says that the round was ultimately oversubscribed. The new SumUp investors are AllianceBernstein, Apollo Global Management, Arini, Deutsche Bank AG, Fortress Investment Group, SilverRock Financial Services, and Vista Credit Partners. They join existing investors including BlackRock, Crestline Investors, Liquidity Capital, Oaktree Capital Management, Sentinel Dome, and Temasek, with Goldman Sachs leading the private credit debt deal. SumUp CFO Hermione McKee: “SumUp has always enjoyed solid and steady support from the investor community. This continued backing has enabled us to grow sustainably over the past 10+ years, serving millions of merchants of all sizes globally. “As the company scales further
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GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 5/16/24 - Form 424B2
- 5/16/24 - Form 424B2
- 5/16/24 - Form FWP
- GS's page on the SEC website