Houlihan Lokey Advises Tradeshift

Houlihan Lokey is pleased to announce that Tradeshift Inc. has agreed to set up a new joint venture and will receive a minimum investment of $70 million from a consortium of investors. The transaction significantly strengthens the company’s balance sheet and will be used to scale its SaaS, B2B marketplace, and digital and FinTech solutions. The first tranche of investment was closed on August 1, 2023.

HSBC and B2B FinTech Tradeshift have announced an agreement to launch a new, jointly owned business focused on the development of embedded finance solutions and financial services apps.

The agreement is part of a funding round that is expected to raise a minimum of $70 million from existing investors, including HSBC, AYTK Limited, LUN Partners Group, Fuel Venture Capital, Doha Venture Capital LLC, Notion Capital, IDC Ventures, and The Private Shares Fund.

The new joint venture will allow HSBC and Tradeshift to deploy a range of digital solutions across Tradeshift and other platforms. This will include payment and FinTech services embedded into trade, e-commerce, and marketplace experiences and will help enable Tradeshift to scale its business commerce proposition across the globe. More details about the joint venture will be announced ahead of its planned launch in early 2024.

Tradeshift supports more than $260 billion of annual gross merchandise value for 1 million business users on its platform.

Houlihan Lokey served as the financial advisor to the secured creditor group on the transaction.