M&A Deal Summary

EQT Acquires Adevinta - Spanish Online Classifieds Businesses

On July 21, 2025, private equity firm EQT acquired internet software and services company Adevinta - Spanish Online Classifieds Businesses from Adevinta

Acquisition Highlights
  • This is EQT’s 20th transaction in the Internet Software and Services sector.
  • This is EQT’s 11th transaction in Spain.

M&A Deal Summary

Date 2025-07-21
Target Adevinta - Spanish Online Classifieds Businesses
Sector Internet Software and Services
Buyer(s) EQT
Sellers(s) Adevinta
Deal Type Divestiture

Target

Adevinta - Spanish Online Classifieds Businesses

Madrid, Spain
Adevinta's Spanish Online Classifieds Businesses comprise a portfolio of digital marketplaces that operate across key verticals, including automotive, employment, real estate, and general classifieds. Adevinta's Spanish online classifieds businesses are based in Madrid, Spain.

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Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 314 of 318
Sector: Internet Software and Services M&A 20 of 20
Type: Divestiture M&A Deals 52 of 52
Country: Spain M&A 11 of 11
Year: 2025 M&A 7 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-18 Adalvo

San Gwann, Malta

Adalvo is a global pharmaceutical company, and one of the leading B2B pharmaceutical companies in Europe, with commercial partnerships in more than 140 countries and over 170+ commercial partners globally. Adalvo is based in San Gwann, Malta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-28 NEOGOV

El Segundo, California, United States

NEOGOV is a talent management software platform focused on government, education and public sector clients. NEOGOV provides market major software-as-a-service (SaaS) talent management solutions to automate and streamline the recruitment, onboarding and performance evaluation processes for government and other public sector institutions. NEOGOV was founded in 2000 and is based in El Segundo, California.

Buy -

Seller(S) 1

SELLER

Adevinta

Amsterdam, Netherlands

Category Company
Founded 2018
Sector Internet Software and Services
Employees3,826
Revenue 674M NOK (2020)
DESCRIPTION

Adevinta is a marketplace specialist that helps local digital marketplaces thrive through global connections and networks of knowledge. The company's marketplaces unlock the full value in every person, place, and thing – helping local communities prosper and leaving a positive footprint on the world. It serves people where they live, acknowledging what’s special about every culture and every place. Adevinta was founded in 2018 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 4 of 4
Type: Divestiture M&A Deals 4 of 4
Country: Spain M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Gumtree

London, United Kingdom

Gumtree is a digital classifieds platform, that connects millions of buyers and sellers to create thousands of successful transactions every day. Gumtree was founded in 2000 and is based in London, England.

Sell -