Sydecar, 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
Sydecar, Inc. is a technology company that streamlines the process of launching and managing investment vehicles, such as Special Purpose Vehicles (SPVs) and venture funds. Their platform automates critical back-office functions, including entity formation, banking setup, investor onboarding, compliance checks, cap table management, and fund administration. By simplifying these processes, Sydecar enables investors to focus on deal-making rather than administrative tasks. Product Breakdown Sydecar offers a comprehensive suite of services designed to facilitate the creation and management of investment vehicles. Their platform provides tools for instant investment agreement generation, entity formation with Employer Identification Number (EIN) acquisition, and immediate banking setup. It also includes features for investor onboarding, Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, cap table management, and accreditation verification. Additionally, Sydecar handles SPV and syndicate administration, fund accounting, tax documentation (including K-1s), regulatory filings (Form D and Blue Sky), and distributions. This integrated approach allows users to efficiently manage the entire lifecycle of their investment vehicles.
Keywords
Keywords
Classified
Private