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New Deal


Announced

Completed

OLX Group completed the acquisition of Inmokey.

Financials

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

Tags

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Argentina

Majority

Completed

Acquisition

Single Bidder

Friendly

software system

Private

Software

Synopsis

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OLX Group, a global online marketplace, completed the acquisition of Inmokey, a software system for the real estate market. Financial terms were not disclosed. By acquiring Inmokey for its operations in Argentina, Ecuador, and Peru, OLX Group consolidates its value proposition in the real estate market focused on the importance and primacy of the user. This way, the Group adds a product validated by thousands of customers who renew their confidence in integral solutions every month. “This acquisition is very important for us—it will enhance the development of several new tools and the incorporation of new technology thus opening a door for us to reach new markets,” pointed out Ignacio Repetto, Inmokey Co-founder.

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