Razor and Perch merge, raise $100M on a $1.7B valuation as more roll-ups consolidate

from TechCrunch 2 months ago

The combined business has an enterprise value of $1.7 billion, with about $400 million of debt, not due for payback for at least another four years, after the restructuring.
TechCrunchhttps://techcrunch.com/2024/03/04/razor-and-perch-merge-raise-100m-on-a-1-7b-valuation-as-more-roll-ups-consolidate/

Today's deal follows Thrasio's Chapter 11 filing post $3 billion funding, indicating a wider shift in the industry towards consolidation and financial stability.
TechCrunchhttps://techcrunch.com/2024/03/04/razor-and-perch-merge-raise-100m-on-a-1-7b-valuation-as-more-roll-ups-consolidate/

Read at TechCrunch

#e-commerce #acquisitions #debt-restructuring #industry-consolidation

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Razor and Perch merge, raise $100M on a $1.7B valuation as more roll-ups consolidate | TechCrunchRazor and Perch merge, raise $100M on a $1.7B valuation as more roll-ups consolidate | TechCrunch Briefly

Razor and Perch merge, raise $100M on a $1.7B valuation as more roll-ups consolidate | TechCrunch
Razor and Perch merge, raise $100M on a $1.7B valuation as more roll-ups consolidate | TechCrunch
Briefly