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M&A Deal Summary

Cian Acquires SmartDeal

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

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

M&A Deal Summary
Date 2022-01-24
Target SmartDeal
Sector Internet Software and Services
Buyer(s) Cian
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Cian

Moscow, Cyprus
Category Company
Founded 2001
Sector Internet Software and Services
Employees551
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 STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Russia M&A 1 of 1
Year: 2022 M&A 1 of 1
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