SecondaryShareSale

Rokt's Valuation Soars to $3.5 Billion Following Recent Share Sale

3 months ago

In a significant financial development, Rokt, a leading technology company specializing in e-commerce and digital marketing solutions, has seen its valuation reach an impressive $3.5 billion. This remarkable figure follows a successful secondary share sale that not only reflects the company’s strong market presence but also boosts investor confidence in its potential growth trajectory.

Lazard Engages in Major Advisory Role for GoCardless' $200 Million Secondary Share Sale

5 months ago

In a significant move within the financial advisory landscape, Lazard Ltd. has been appointed to guide GoCardless, a prominent fintech firm that specializes in bank-to-bank payments, on its upcoming secondary share sale amounting to approximately $200 million. This transaction not only reflects GoCardless' growing prominence in the digital payment arena but also marks a pivotal moment for the firm as it seeks to leverage its market position in an increasingly competitive sector.

Venture Capitalists Turn to Secondary Share Sales as M&A Activity Slows

5 months ago

In an evolving landscape for venture capital, firms are increasingly eyeing secondary share sales as an alternative exit strategy amid a noticeable decline in mergers and acquisitions (M&A). This shift indicates a significant change in how venture capitalists are navigating their portfolios, especially within the technology sector, where traditional exits have become less frequent.