Announced

Permira and Blackstone Growth to acquire a minority stake in Property Finder from General Atlantic for $525m.

Synopsis

Permira, a global investment firm, and Blackstone Growth, a growth‑equity arm of Blackstone that invests growth capital in companies that are already established but are in a phase of rapid expansion, to acquire a minority stake in Property Finder, a real estate platform, from General Atlantic, a global growth equity firm, for $525m. “This partnership represents a defining moment in Property Finder’s journey. By welcoming Permira and Blackstone alongside General Atlantic as strategic investors, we are accelerating our mission to reshape real estate across the region through technology, AI, and an industry leading property platform. This investment is a clear vote of confidence in Property Finder, in the UAE, and in the vast opportunity ahead. I want to thank our customers and partners, users, regulators, and the incredible Property Finder team whose dedication continues to fuel our growth story,” Michael Lahyani, Property Finder CEO and Founder.

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MergerLinks - Permira and Blackstone Growth to acquire a minority stake in Property Finder from General Atlantic for $525m.