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  5. letgo Acquires Wallapop

M&A Deal Summary

letgo Acquires Wallapop

On May 12, 2016, letgo acquired internet software and services company Wallapop

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

M&A Deal Summary
Date 2016-05-12
Target Wallapop
Sector Internet Software and Services
Buyer(s) letgo
Deal Type Add-on Acquisition

Target

Wallapop

Barcelona, Spain
Wallapop is a mobile based application to traditional classifieds.

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Buyer(S) 1

Buyer

letgo

Wilmington, Delaware, United States
Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Ambatana Holdings BV is an online mobile marketplace for secondhand goods. Ambatana Holdings was founded in 2015 and is based in Wilmington, Delaware.

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: Spain M&A 1 of 1
Year: 2016 M&A 1 of 1
Mergr

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