Zeus Capital acted as financial adviser to Gousto on a £30m private investment made by Perwyn
11 Jul 2019
Zeus Capital acted as Financial Adviser to SCA Investments Ltd (“Gousto”) in connection with its £30m private placement.
Gousto was founded in 2012 and has grown to become the UK’s leading supplier of subscription meal kits. Gousto is the only company globally in the industry to have automated production, powered by data science. This in turn enables Gousto to offer customers by far the most advanced value proposition: the most choice, most delivery options, lowest price, shortest lead times and greatly reduced household waste.
Perwyn was introduced to the business by Zeus and joins existing investors Unilever Ventures, Hargreave Hale, BGF Ventures, MMC Ventures and Angel CoFund, taking total funds raised to date to over £100m.
Zeus Capital is a leading adviser to small and mid-cap private and public companies. Zeus Capital has acted on 127 transactions from Jan 2013, across public and private markets, which have raised a total of £5.4bn.
“We are delighted to be making this investment and joining the exciting journey that Gousto is on. We have been highly impressed with Timo and the team’s entrepreneurial drive and demonstrated success to date. We believe the company will go from strength to strength by bringing new and innovative ways for consumers to prepare and eat healthy, fresh and delicious meals at home.” Andrew Wynn, Founder and Managing Partner at Perwyn
“Our vision has always been to be the UK’s best loved way to eat dinner. Today’s funding from Perwyn is testament to the complete confidence in our ability to do this. In the busiest of worlds, consumer shopping behaviours are rapidly changing. Busy families increasingly have less time for the “big shop”, but still want to cook differing, quality meals and maintain a healthy, balanced diet.” Timo Boldt, CEO and Founder of Gousto
“We are delighted to have helped Gousto with this transformational fundraising. Timo and the team have found an excellent partner in Perwyn, who can support the continued rapid growth of the business. This transaction demonstrates that Zeus continue to be seen as one of the “go to” advisors for online consumer businesses.” Caspar Waters, Assistant Director, Zeus Capital
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