Redwood Technologies, OATV and SoftBank Capital are set to exit logistics technology provider Fetch Robotics, which is being acquired by fellow investor Zebra Technologies.

Zebra Technologies, a provider of workplace performance management software, disclosed its intent yesterday to buy a portfolio company, US-based warehouse robotics technology producer Fetch Robotics, for $290m.

The corporate currently owns a 5% stake in Fetch and the $290m figure represents the price of the 95% it does not hold, valuing the company at $305m. Vedder Price is legal counsel for Zebra on the deal while Fenwick & West is legal counsel for Fetch and Evercore its financial adviser.

Founded…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
Email LinkedIn