Buyout (LBO, MBO, MBI) • Internet Software and Services

Apax Acquires Baltic Classifieds Group

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

Acquisition Context

This is Apax’s 20th transaction in the Internet Software and Services sector.
This is Apax’s 1st transaction in Lithuania.

Investment Fate

Baltic Classifieds Group went public in 2021.

Explore All 674 Buyout (LBO, MBO, MBI) Internet Software and Services Deals - Search the Database Free

M&A Deal Summary
Date	May 9, 2019
Target	Baltic Classifieds Group
Sector	Internet Software and Services
Buyer(s)	Apax
Deal Type	Buyout (LBO, MBO, MBI)

Target Company

Baltic Classifieds Group

Vilnius, Lithuania

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. Baltic Classifieds Group was founded in 1999 and is based in Vilnius, Lithuania.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Apax

London, United Kingdom

Investor Investor

Category	Private Equity Firm
Founded	1981
PE ASSETS	77.0B 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 Context for Buyer	#
Overall	213 of 266
Sector: Internet Software and Services	20 of 27
Type: Buyout (LBO, MBO, MBI)	54 of 62
Country: Lithuania	1 of 1
Year: 2019	6 of 13

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

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	-

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

Explore Related M&A Activity

Internet Software and Services M&A - Buyout (LBO, MBO, MBI) M&A Deals - Lithuania M&A - 2019 M&A