S&C Advises Silver Lake in Investment in Turkey’s E-Commerce Company GetirJune 15, 2021
Getir, an e-commerce company offering on-demand delivery service for grocery items, closed its Series D funding round, raising over $550 million at a $7.5 billion valuation. This marks Getir's third round of investment in 2021, with nearly $1 billion raised since the beginning of the year.
Existing investors, including Tiger Global and Sequoia Capital, were joined in the round by global, blue-chip investors including Silver Lake, DisruptAD, and Mubadala Investment Company.
Getir is based in Istanbul and operates in 30 cities in Turkey. Following its launch in London in January and Amsterdam in May, Getir is expanding its European operations to Paris and Berlin. Getir will use the latest capital injection to fuel its expansion into the United States.
The S&C team representing Silver Lake in connection with its investment included Richard Pollack and Vanessa Blackmore.