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New Deal


Announced

Insight Partners to invest $350m in IAD Group.

Financials

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Transaction Value£252m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Real Estate Services

Acquisition

Friendly

Private Equity

Private

Single Bidder

real estate agents

France

Minority

Cross Border

Pending

Synopsis

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Insight Partners, a private equity firm, agreed to invest $350m in IAD Group, a real estate agents network, joining investors IK Investment Partners, Five Arrows Principal Investments and Naxicap Partners. "Insight has invested in new, disruptive businesses in the broader real estate ecosystem and we are excited to welcome iad to that group. This experience combined with our ScaleUp operational focus will help iad continue to grow and expand its footprint both within and outside France," Deven Parekh, Insight Partners Managing Director.

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