FT Partners Advises Taulia on its $15mm Financing
Overview of Transaction
- On January 21, 2015, Taulia announced $15mm in financing from Zouk Capital ("Zouk")
- Taulia provides cloud-based invoice, payment, dynamic discounting and suppler finance solutions to corporations and their small business suppliers
- Zouk is a UK-based private equity and infrastructure fund manager with €600mm under management which seeks to capitalize on the global shift to greater resource efficiency
- Zouk's investment comes only four months after Taulia closed a $40mm Series D round in September 2014
Significance of Transaction
- Taulia will use the financing to increase its market traction and global presence
- Zouk has offices in London and Singapore and will provide Taulia a gateway into Europe and Asia
- The investment brings Taulia's total funding to $85mm
FT Partners' Role
- FT Partners served as exclusive financial advisor to Taulia and its Board of Directors
- FT Partners continued its long-term relationship with Taulia, having previously advised Taulia on its $40mm Series D
- FT Partners leveraged its deep knowledge of Taulia and the industry to help the Company manage investor interest and rapidly execute the transaction