M&A Deal Summary

OLX Global B.V. Acquires KIWI Finance SRL

On October 21, 2020, OLX Global B.V. acquired financial services company KIWI Finance SRL from Oresa

Acquisition Highlights
  • This is OLX Global B.V.’s 1st transaction in the Financial Services sector.
  • This is OLX Global B.V.’s 1st transaction in Romania.

M&A Deal Summary

Date 2020-10-21
Target KIWI Finance SRL
Sector Financial Services
Buyer(s) OLX Global B.V.
Sellers(s) Oresa
Deal Type Add-on Acquisition

Target

KIWI Finance SRL

Bucharest, Romania
KIWI Finance is a credit broker that has intermediated loans of over 1,35 billion EUR. Currently, the company is active in 35 cities across the country, where it collaborates with over 200 brokers to find the best lending offers for its clients. KIWI Finance was founded by Anca Bidian in 2003 and is based in Bucharest, Romania.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

OLX Global B.V.

Hoofddorp, Netherlands

Category Company
Sector Media
Employees5,000
DESCRIPTION

OLX Global B.V. is a provider of market trading platforms across five continents. OLX Group makes it fast and easy to buy and sell almost anything online, such as household goods, phones, cars and houses. OLX Global B.V. is based in Hoofddorp, Netherlands.


DEAL STATS #
Overall 1 of 2
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Romania M&A 1 of 1
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Properati

Buenos Aires, Argentina

Properati is a web and mobile platform that was created to change the way in which people buy, sell and rent real estate in Latin America. Properati is based in Buenos Aires, Argentina.

Sell -

Seller(S) 1

SELLER

Oresa

Investor Investor


Category Family Office
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

Oresa is a family backed private investment firm focused on opportunities throughout Central and Eastern Europe. The Firm does not have any sector preferences and has a particular interest in Romanian companies. Oresa was established in 1995 and is based in Bucharest.


DEAL STATS #
Overall 4 of 4
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Romania M&A 4 of 4
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-15 Somaco S.A. DE C.V

Bucuresti, Romania

Somaco S.A. DE C.V is a precast concrete manufacturer. Somaco is based in Bucuresti, Romania.

Sell -