Add-on Acquisition • Internet Software and Services

Cian Acquires SmartDeal

On January 24, 2022, Cian acquired internet software and services company SmartDeal

Acquisition Context

This is Cian’s 1st transaction in the Internet Software and Services sector.
This is Cian’s 1st transaction in Russia.

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M&A Deal Summary
Date	January 24, 2022
Target	SmartDeal
Sector	Internet Software and Services
Buyer(s)	Cian
Deal Type	Add-on Acquisition

Target Company

SmartDeal

Moscow, Russia

SmartDeal is a provider of e-registration and adjacent services for various types of property deals in Russia to diverse categories of customers including banks, real estate developers, and agents. SmartDeal was founded in 2017 and is based in Moscow, Russia.

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Buyer Overview 1

Buyer

Cian

Moscow, Cyprus

Category	Company
Founded	2001
Sector	Internet Software and Services
Employees	551
Revenue	8.3B USD (2022)

DESCRIPTION

Cian is an online real estate classifieds platform in the large, underpenetrated, and growing Russian real estate classifieds market, with a strong presence across Russia and leading positions in the country’s key metropolitan areas. Cian was founded in 2001 and is based in Moscow, Russia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Russia	1 of 1
Year: 2022	1 of 1

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