M&A Deal Summary

Vend Acquires eBay Classifieds Group - Denmark Assets

On July 21, 2020, Vend acquired internet software and services company eBay Classifieds Group - Denmark Assets from eBay for 330M USD

Acquisition Highlights
  • This is Vend’s 3rd transaction in the Internet Software and Services sector.
  • This is Vend’s largest (disclosed) transaction.
  • This is Vend’s 1st transaction in Denmark.

M&A Deal Summary

Date 2020-07-21
Target eBay Classifieds Group - Denmark Assets
Sector Internet Software and Services
Buyer(s) Vend
Sellers(s) eBay
Deal Type Divestiture
Deal Value 330M USD

Target

eBay Classifieds Group - Denmark Assets

Denmark
eBay Classifieds Group's Denmark Assets is a marketplace specialist that helps local digital marketplaces thrive through global connections and networks of knowledge.

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Buyer(S) 1

Buyer

Vend

Oslo, Norway

Category Company
Founded 1839
Sector Internet Software and Services
Employees3,283
Revenue 8.3B NOK (2024)
DESCRIPTION

Vend specializing in mobility, real estate, jobs, recommerce, and delivery platforms. It connects buyers and sellers through tech-driven classifieds and logistics solutions for goods, cars, and services. Vend was founded in 1839 and is based in Oslo, Norway.


DEAL STATS #
Overall 4 of 6
Sector: Internet Software and Services M&A 3 of 4
Type: Divestiture M&A Deals 1 of 2
Country: Denmark M&A 1 of 1
Year: 2020 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-23 Schibsted Classified Media Spain SL

Spain

Schibsted Classified Media Spain SL is a provider of media services in Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-16 HomeQ

Stockholm, Sweden

HomeQ is a Swedish marketplace for first-hand rental apartments that connects property companies with potential tenants. HomeQ was formed in 2016 and is based in Stockholm, Sweden

Buy -

Seller(S) 1

SELLER

eBay

San Jose, California, United States

Category Company
Founded 1995
Sector Internet Software and Services
Employees11,500
Revenue 10.3B USD (2024)
DESCRIPTION
Entrance to eBay's corporate headquarters in San Jose, California.
Entrance to eBay's corporate headquarters in San Jose, California.

eBay is an online retailer and provider of auction tools and services. eBay enables global commerce and payments on behalf of users, merchants, retailers and brands of all sizes. The technologies and services eBay provides are designed to enable users and merchants worldwide to organize and offer their inventory for sale and buyers to find, buy and pay for it virtually anytime and anywhere. eBay was founded in 1995 and is based in San Jose, California.


DEAL STATS #
Overall 12 of 15
Sector: Internet Software and Services M&A 9 of 11
Type: Divestiture M&A Deals 8 of 10
Country: Denmark M&A 1 of 1
Year: 2020 M&A 2 of 2
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-21 eBay Classifieds Group

California, United States

eBay Classifieds Group operates an international family of local classifieds marketplaces in 13 countries. It helps people find whatever they’re looking for in their local communities.

Sell $9.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 Afterbuy

Krefeld, Germany

Afterbuy is a software company that runs the Afterbuy.com Web site, to expand its support for local sellers. Afterbuy was founded in 2002 and is based in Krefeld, Germany.

Sell -