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New Deal


Announced

Completed

EQT led a €250m Series F round in Vinted.

Financials

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Transaction Value£215m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Venture Capital

Consumer Services: Other

second-hand clothes

online market place

Lithuania

Private

Completed

Acquisition

Private Equity

Single Bidder

Cross Border

Friendly

Synopsis

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EQT Partners led a €250m Series F round in Vinted, an online marketplace for second-hand clothes, with participation from Accel, Burda Principal Investments, Insight Partners, Lightspeed Venture Partners, and Sprints Capital — all previous backers — also participating. “Vinted is transforming the second-hand fashion market across Europe through their customer-centric approach and extraordinary execution. Vinted is the perfect example of EQT Growth's strategy of backing fast-growing European tech champions that tap into several macro trends, such as the increasing consumer demand for sustainability and continued penetration of online channels within fashion. We're immensely proud and excited to be supporting Thomas and the Vinted team and we cannot wait to work together to further unlock the market for circular fashion,” Carolina Brochado, EQT Partner and Investment Advisor.

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