Swiss Mobiliar, the country's oldest private insurance company, has agreed to acquire a 50% stake in Scout24 Schweiz, the leading network of online marketplaces for motor vehicles, real estate and general classifieds from KKR and other shareholders. Financial terms were not disclosed. "Scout24 Schweiz has been able to substantially improve its market position in the last two years and has accelerated its growth. KKR has contributed a huge amount to the excellent development of the company. We would like to thank our partner, as well as all of the terrific employees in the Scout24 team. Together with Swiss Mobiliar - like Ringier a strong Swiss company with a great tradition - we will now take the Scout24 Schweiz marketplaces to the next stage." Marc Walder, Scout24 Schweiz Chairman of the Board of Directors.