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New Deal


Announced

SoftBank led a $250m funding round for QuintoAndar.

Financials

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Transaction Value£203m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Private

Friendly

Pending

real estate platform

E-commerce

Brazil

Acquisition

Venture Capital

Single Bidder

Synopsis

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SoftBank led a $250m funding round for QuintoAndar, a Sao Paulo-based real estate leasing platform that is changing the long-term rental marketplace in Brazil. “QuintoAndar makes it easier for people to quickly find homes and for landlords to better manage their properties,” said Marcelo Claure, CEO of SoftBank Group International, in a prepared statement. “The company is at the center of a global transformation of the real estate industry.”

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