Investment Summary

General Atlantic Invests In Hemnet

On December 16, 2016, growth capital firm General Atlantic invested in internet software and services company Hemnet

Investment Highlights
  • This is General Atlantic’s 29th transaction in the Internet Software and Services sector.
  • This is General Atlantic’s 2nd transaction in Sweden.
Investment Fate
  • Hemnet went public in 2021.

Investment Summary

Date 2016-12-16
Target Hemnet
Sector Internet Software and Services
Investor(s) General Atlantic
Deal Type Growth Capital

Target

Hemnet

Stockholm, Sweden
Hemnet is an online real estate classifieds platform for home buyers and sellers. Hemnet was founded in 1998 and is based in Stockholm, Sweden.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 167 of 364
Sector: Internet Software and Services M&A 29 of 78
Type: Growth Capital M&A Deals 74 of 139
Country: Sweden M&A 2 of 2
Year: 2016 M&A 14 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 Matillion

Salford, United Kingdom

Matillion provides disruptive software which helps companies with structured data integration to the Cloud. Matillion was founded in 2011 and is based in Salford, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-28 Clip

Mexico, Mexico

Clip is a commerce and digital payments platform in Mexico that is empowering small and medium-sized businesses to interact and transact with their consumers more effectively through innovative technologies and the ability to accept all payment methods digitally. Clip was founded in 2012 and is based in Mexico, Mexico.

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