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New Deal


Announced

Completed

Korelya Capital led the €157m round in Wallapop.

Financials

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Transaction Value£135m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Minority

used goods marketplace

Completed

Spain

Private

Cross Border

Private Equity

E-commerce

Single Bidder

Synopsis

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Korelya Capital, an investment fund, led the €157m round in Wallapop, a used goods marketplace. Other investors include NAVER, Accel, Insight Venture Partners, 14W, GP Bullhound and Northzone. “At a time when society is experiencing the economic impact of COVID-19, we are committed to putting technology and disruptive innovation at the service of a more sustainable way of consuming. We are delighted to partner with NAVER, one of the world's most innovative technology companies, as we continue to expand wallapop's footprint and bring the best experience to our community," Rob Cassedy, Wallapop CEO.

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