At what enterprise value was ADEVINTA SPAIN acquired in 2025?

You can find the full valuation details of ADEVINTA SPAIN on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ADEVINTA SPAIN when it was acquired by EQT PARTNERS?

The estimated EV/EBITDA multiple for ADEVINTA SPAIN is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was ADEVINTA SPAIN acquired by EQT PARTNERS?

ADEVINTA SPAIN was acquired by EQT PARTNERS in 2025.

What was the EBITDA of ADEVINTA SPAIN during the acquisition?

ADEVINTA SPAIN's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ADEVINTA SPAIN acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ADEVINTA SPAIN deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://adevinta.com/press-releases/adevinta-announces-sale-of-its-spanish-business-to-eqt/

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Home Database TMT (Tech, Media, Telecom)ADEVINTA SPAIN

07/2025

ADEVINTA SPAIN acquired by EQT PARTNERS

SPAIN Media & Internet / E-commerce & Marketplaces EV 1b - 4b EUR

Context

Adevinta’s Spanish classifieds business has been acquired by EQT AB. The transaction concludes a multi‑month process that began after Adevinta announced its intention to divest the Spanish unit to sharpen its focus on core European markets. The sale includes the six operating platforms—Infojobs, Fotocasa, Habitaclia, Milanuncios, coches.net and motos.net—together with associated technology assets, staff and commercial contracts. The agreement was signed in July 2025 and follows earlier strategic moves by Adevinta to streamline its portfolio and by EQT to deepen its exposure to the consumer internet sector. EQT’s rationale centers on consolidating its position in the online classifieds market by adding a diversified set of high‑traffic platforms with strong brand recognition in Spain. The firm intends to apply its “local with locals” operating model, leveraging digital expertise and cross‑border synergies to accelerate user growth and monetisation. By integrating the acquired assets with existing portfolio companies, EQT aims to enhance data analytics capabilities, optimise advertising inventory and expand premium service offerings for professional users. Post‑completion, EQT plans to retain the existing management teams while introducing operational best practices to improve platform performance. Expected outcomes include increased traffic, higher conversion rates for paid listings, and the rollout of unified technology infrastructure across the six marketplaces. The acquisition is projected to strengthen EQT’s competitive standing in the European classifieds landscape and generate incremental value through scale economies and enhanced product innovation.

ADEVINTA SPAIN, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Adevinta Spain operates a portfolio of six digital marketplaces that connect users with employment opportunities, residential property listings, and vehicle transactions. The job-search platform Infojobs aggregates postings from employers and recruitment agencies, offering subscription packages for enhanced visibility. Fotocasa and Habitaclia provide searchable databases of residential and rental properties, monetising through premium listings and advertising services targeted at real estate professionals. Milanuncios serves as a general classifieds portal for a broad range of second‑hand goods, while coches.net and motos.net specialize in automotive and motorcycle listings, generating revenue from dealer subscriptions and featured ad placements. The platforms are accessed via web and mobile applications, supporting a user base that includes private sellers, professional dealers, and corporate recruiters across Spain. The business model combines free basic listings for private individuals with paid promotion options for commercial users, supplemented by data‑driven advertising.

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REFERENCES

Valuation range: EV 1b - 4b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ADEVINTA SPAIN by EQT PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: eqt partners