In a strategic move to strengthen its position in the European digital marketplace, Sweden-based private equity firm EQT has acquired Adevinta’s Spanish operations for a reported $2.3 billion. This acquisition marks a significant expansion of EQT’s digital portfolio, enabling it to tap into Spain’s growing online classifieds and e-commerce sectors. The deal encompasses a variety of platforms that serve millions of users, reinforcing EQT’s commitment to investing in technology-driven businesses across key European markets.

The transaction includes several well-established brands within Spain’s digital ecosystem, offering diverse services ranging from real estate and automotive listings to job portals. Key highlights of the acquisition include:

  • Access to a robust user base exceeding 20 million monthly visitors
  • Enhanced synergies with EQT’s existing digital portfolio across Europe
  • Opportunities for innovation through investment in emerging technologies and AI-driven customer experiences
Aspect Details
Purchase Price $2.3 billion
Geographic Focus Spain
Sectors Real estate, automotive, jobs, e-commerce
Monthly Users 20 million+