MergerLinks Header Logo

Announced

Completed

Frontier Digital Ventures completed the acquisition of Avito, Tayara and Fincaraíz from Adevinta.

Synopsis

Frontier Digital Ventures, a venture capital firm, completed the acquisition of Avito in Morocco, Tayara in Tunisia and Fincaraíz in Colombia, three digital marketplaces, from Adevinta, a global online classifieds specialist, operating digital marketplaces. Financial terms were not disclosed. “These divestments represent another important milestone in the optimisation of our portfolio. We are proud of how our teams in Morocco, Tunisia and Colombia have developed leading market positions by providing quality products and services to their users and customers," Rolv Erik Ryssdal, Adevinta CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US