General Atlantic completed the acquisition of a 29.41% stake in funda for €97m.

Financials

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Transaction Value£84m

Consideration TypeCash

Capital Owned-

Capital Bid For29%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

General Atlantic

target

Funda

Sources

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Tags

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Private Equity

Netherlands

real estate portal

Real Estate Services

Acquisition

Cross Border

Minority

Private

Friendly

Single Bidder

Completed

Synopsis

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General Atlantic, a private equity firm, completed the acquisition of a 29.41% stake in funda, a Dutch real estate portal company, for €97m. Several bids were considered with General Atlantic ultimately chosen thanks to the firm's experience working with leading European real estate portals including Hemnet, Immoweb, Homegate and ImmoScout24.

General Atlantic completed the acquisition of a 29.41% stake in funda for €97m.

bidder

target

financial advisors

legal advisors

financial advisors