[ TRANSACTION RECORD ]

General Atlantic Investment in Kavak — 2022

VERIFIED VECTOR ID: 001514 · tx-042
M SOURCE NODE — FUNDER
General Atlantic
Finance United States
$700,000,000
EQUITY
14/06/2022
Q DESTINATION NODE — RECIPIENT
Kavak
Company Mexico
Amount (USD)
$700.0M
Flow Type
EQUITY
Transaction Date
14/06/2022
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity General Atlantic
AUM 84000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Kavak
Entity Type Company
Jurisdiction Mexico
Intelligence Note

General Atlantic participated in a 700 million dollar funding round for Kavak to support its expansion in Latin America and the Middle East. The transaction provides the capital necessary for the pre-owned car platform to scale its logistical and financial services. This deal underscores the role of growth equity in developing international tech leaders.

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Primary Forensic Source https://www.generalatlantic.com/media-article/kavak-secures-700m-credit-facility-from-hsbc-goldman-sachs-and-santander/
✓ SOURCE LINKED