EQT Sweden

EQT to Acquire Adevinta's Spanish Online Classifieds Businesses

The EQT X fund has agreed to acquire Adevinta's Spanish operations ("Adevinta Spain"), including leading Spanish online classifieds platforms such as Coches.net, InfoJobs, Milanuncios, Fotocasa, and HabitacliaAdevinta Spain's underlying markets are supported by favourable secular megatrends in their respective verticals, such as an increasing shift from offline to online marketing, as well as significant value to customers driven by the platforms' strong brand recognitionEQT will support the continued growth momentum of the various platforms, capitalizing on EQT's strong digital expertise, "local with locals" approach, and extensive global track record in the online classifieds sectorView original content:https://www.prnewswire.co.uk/news-releases/eqt-to-acquire-adevintas-spanish-online-classifieds-businesses-302509457.html