EQT to acquire Spanish online classifieds businesses from Adevinta.

EQT, a private equity firm, agreed to acquire Spanish online classifieds businesses from Adevinta, a global online classifieds company. Finanical terms were not disclosed. "Adevinta Spain represents a highly thematic investment within one of EQT's core sub-sectors, consumer internet. This investment reflects our strategy of backing high-growth platforms and partnering with world-class Management teams. We're impressed by the businesses and look forward to supporting Adevinta Spain and its leadership team as they enter this next phase of growth," Bert Janssens, EQT Co-Head of Private Capital Europe & North America.