M&A Deal Summary

Apax Acquires Baltic Classifieds Group

On May 9, 2019, private equity firm Apax acquired internet software and services company Baltic Classifieds Group

Acquisition Highlights
  • This is Apax’s 18th transaction in the Internet Software and Services sector.
  • This is Apax’s 1st transaction in Lithuania.

M&A Deal Summary
Date 2019-05-09
Target Baltic Classifieds Group
Sector Internet Software and Services
Buyer(s) Apax
Deal Type Buyout (LBO, MBO, MBI)

Target

Baltic Classifieds Group

Vilnius, Lithuania
website
Baltic Classifieds Group is a portfolio of twelve online classified advertising platforms in the Baltics, specializing in five key segments: automotive, real estate, jobs, generalist and e-commerce. The company operates in Lithuania, its largest market, through Diginet LTU.

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Buyer(S) 1

Buyer

Apax

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1981
PE ASSETS 60.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from €1 to €5 billion. Apax Partners was formed in 1981 and is based in London.

DEAL STATS #
Overall 208 of 246
Sector (Internet Software and Services) 18 of 25
Type (Buyout (LBO, MBO, MBI)) 53 of 57
Country (Lithuania) 1 of 1
Year (2019) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 Trade Me

Wellington, New Zealand

Trade Me is a provider of the online marketplace and classified advertising platforms in New Zealand as well as the generalist marketplace for new and used goods. Trade Me Group was founded in 1999 and is based in Wellington, New Zealand.

Buy NZ$2.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-23 Melita

Mriehel By-Pass, Malta

Melita is a provider of high-speed broadband and mobile services as well as a premium TV to households and businesses connected to its state-of-the-art telecom network in Malta. It owns and operates a fully invested, over 1,600km long HFC network as well as a 5G-ready mobile network with its own tower and small cell footprint. Melita was founded in 1991 and is based in Mriehel By-Pass, Malta.

Sell -
Mergr

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