EQT's idealista Deal Tops Crunchbase List of European Acquisitions in 2020

October 21, 2020
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EQT’s deal to purchase the Spanish-based property portal company idealista is the biggest acquisition in Europe so far this year according to a detailed report by Crunchbase. The authoritative companies database and capital tracking website has put the $1.5 billion dollar EQT deal top of its chart of acquisitions with disclosed amounts for the year, well ahead of London based satellite company OneWeb’s $500 million deal in second place.

Also mentioned in the report is the $309 million funding round achieved by Cazoo, the new online end-to-end car sales company, and new venture of Zoopla founder Alex Chesterman. Both companies are part of what the report calls a “robust and growing” venture ecosystem in Europe of which classifieds companies clearly form an integral part.

October 21, 2020
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

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