About LetterOne
LetterOne is a private equity firm founded in 2013. It is primarily based in London, United Kingdom. As of Apr 2026, LetterOne has a portfolio of 7 companies, comprising 7 funding rounds and 4 acquisitions. The firm primarily invests in companies based in United States and Finland. Its portfolio is spread across a wide range of sectors from Telecom to Consumer. Its latest investment was a $***** Post IPO round in Tigo on Jan 10, 2023
Overall LetterOne portfolio has seen 3 IPOs and 1 acquisition, namely Uber, Turkcell and Tigo. A lot of funds co-invest with LetterOne, with names like GS Energy sharing a substantial percentage of its portfolio.
LetterOne has a team of 46 people, including 8 partners.
Key Metrics
LetterOne's Portfolio
LetterOne has a portfolio of 7 companies. They have invested in a total of 7 companies. Their most recent investment was in Tigo (Post IPO round) on Jan 10, 2023. Here are the most recent investments by LetterOne:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Jan 10, 2023 | Post IPO | 6418 | - | |
Feb 18, 2022 | Series E | 4456 | ||
Nov 08, 2021 | Series A | 5674 | ||
Oct 31, 2016 | Unattributed | 5079 | - |
LetterOne has acquired 4 companies. Their most recent acquisition was of Destination Pet on Oct 28, 2019. Here are the most recent acquisitions by LetterOne:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Oct 28, 2019 | Online platform offering multi-category pet care services | $40.2M | 2016 | |
May 17, 2019 | Discount Spanish supermarket chain | - | 1979 | |
Jun 26, 2017 | Online store for the purchase of healthcare supplements | - | 1870 | |
Mar 01, 2015 | - | - | - |
Here is the portfolio snapshot of LetterOne:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2019
Portfolio by Location
Companies are primarily in United States and Finland
Portfolio by Sector
Companies are primarily in Telecom
Team profile of LetterOne
LetterOne has a team of 46 members including 8 Partners and 13 Principals located in United Kingdom, Luxembourg and 3 more locations. LetterOne's team does not sit on the board of any company as of now.Here is a list of top team members in LetterOne:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | - | |
Partner | - | - | - | |
Partner | United Kingdom | - | - | |
Partner | - | - | - | |
Partner | Miami | - | - | |
Partner | London | - | - | |
Partner | London | - | - | |
Partner | Luxembourg | - | - | |
Principal | London | - | - | |
Principal | United Kingdom | - | - | |
Principal | London | - | - |
Co-investors of LetterOne
Over the past 13 years, 3 investors have co-invested in LetterOne's portfolio companies.
- Top Co-investors of LetterOne: 3 investors entered a company along with LetterOne. These include investors like GS Energy (1 company).
LetterOne News
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Dia Appoints Benjamin J. Babcock as Chairman Again After Alberto Gavazzi ResignsExpansion•Jan 22, 2026•LetterOne, DIA
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LetterOne loses High Court appeal over forced sale of fibre altnet UppTelecompaper•Nov 21, 2024•LetterOne
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LetterOne’s Investment in Dayim Middle East Holding CompanyGlobal Legal Chronicle•Nov 19, 2024•Hogan Lovells, LetterOne, dayim
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LetterOne appeal against forced sale of broadband firm reaches UK High CourtTelecompaper•Jul 10, 2024•LetterOne
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LetterOne Appeal Forced UK Sale of Broadband Network Upp to NexfibreIspreview•Jul 10, 2024•LetterOne, Nexfibre, Upp Technology
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Clifford Chance advises the lenders on the financing to Abertis related to the concession of four toll roads in Puerto RicoLegal Desire•Jan 04, 2024•Clifford Chance, Abertis, Harbour Energy, Wintershall Dea and 7 others
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Freshfields advises BASF on the merger of Wintershall Dea and Harbor EnergyRecht•Dec 27, 2023•Freshfields Bruckhaus Deringer, BASF, Wintershall Dea, Harbour Energy and 1 other
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Harbour Energy up after inking deal for majority of Wintershall assetsShareprices•Dec 21, 2023•Harbour Energy, BASF, LetterOne, Wintershall Dea
