Compass Diversified In Buy Range After Clearing Handle Buy Point

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCrunch that it has closed a subsequent round, a $42 million Series A nine months after it was founded.Roll-up plays are generally known to secure more debt than equity when they raise mega-round deals.