Postmates, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Postmates is a privately-held provider of urban logistics and on-demand delivery service that allows users to ship any item within the city for same-day delivery. Its platform connects customers with local couriers, who can deliver goods from any store or restaurant in minutes. Postmates empowers communities to shop local with no waiting and businesses through Postmates API to offer delivery. Postmates earn money by collecting a portion of the delivery charge as well as a flat fee of the cost of goods delivered. Postmates was founded in 2012 by Bastian Lehmann, Sam Street, and Sean Plaice. Postmates headquarters are located in San Francisco, California.
Keywords
Keywords
Classified
Private