Eurazeo has made a USD200 million minority investment in MessageBird, a global omnichannel communication platform
Eurazeo Growth together with Tiger Global and alongside funds and accounts managed by BlackRock, Owl Rock and all existing investors including Atomico and Accel are co-leading a Series C round extension. The extended USD1 billion round represents Europe’s largest ever Series C round, and the second largest round on either side of the Atlantic.
On the back of the funding, MessageBird today announces it has entered into final negotiations to acquire US-based SparkPost, the globally leading predictive e-mail intelligence platform. The USD600 million deal is expected to close in Q2 following receipt of customary regulatory approvals. The acquisition represents another important step for MessageBird in building a global omnichannel platform.
Source: Private Equity Wire