.
MergerLinks Header Logo

New Deal


Announced

Apax-backed Baltic Classifieds Group to acquire auto24 from BaltCap.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Online and Social Platforms

Private Equity

Pending

Estonia

Private

Friendly

automotive classifieds portal

Acquisition

Single Bidder

Majority

Synopsis

Edit

Apax-backed Baltic Classifieds Group, a portfolio of online platforms in the Baltics, agreed to acquire auto24, an automotive classifieds portal, from private equity firm BaltCap. Financial terms were not disclosed. "We look forward to the partnership with Baltic Classifieds Group and Apax Partners. They possess a wealth of experience and industry knowledge within the online classifieds market which offers an exciting opportunity for auto24 and its customers," Margus Tomberg, auto24 CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US