Sprints and Styria to acquire a 50% stake in willhaben from Adevinta.

Sprints, a private equity firm, and Styria, an Austrian media company, agreed to acquire a 50% stake in willhaben, an Austrian digital marketplace, from Adevinta, an online classifieds group operating digital marketplaces. Financial terms were not disclosed. "Sprints partners with technology companies that place long-term customer happiness at the heart of everything they do. willhaben epitomises this philosophy. It has one of the most recognised and beloved brands in Austria, and we’re excited to join forces with them and Styria to support the next phase of the company’s growth," Henrik Persson, Sprints Managing Partner.