{"id":57699,"date":"2023-09-15T07:55:31","date_gmt":"2023-09-15T07:55:31","guid":{"rendered":"https:\/\/www.clairfield.com\/?p=57699"},"modified":"2023-09-15T08:20:27","modified_gmt":"2023-09-15T08:20:27","slug":"clairfield-advises-adevinta-asa-on-the-sale-of-its-hungarian-subsidiary-to-ingatlan-com","status":"publish","type":"post","link":"https:\/\/www.clairfield.com\/es\/clairfield-advises-adevinta-asa-on-the-sale-of-its-hungarian-subsidiary-to-ingatlan-com\/","title":{"rendered":"Clairfield advises Adevinta ASA on the sale of its Hungarian subsidiary to Ingatlan.com"},"content":{"rendered":"\n<p>Clairfield is pleased to announce the closure of Adevinta&#8217;s sale of its Hungarian online classifieds businesses J\u00f3fog\u00e1s, Haszn\u00e1ltaut\u00f3.hu, and Aut\u00f3navig\u00e1tor to Ingatlan.com, the leading real estate classifieds platform in Hungary.<\/p>\n\n\n\n<p>A joint Clairfield Hungarian\/Austrian project team managed the sale process from identification of targets, preparation of investor materials, and moderation of meetings with prospective buyers to management of due diligence, support in contract negotiations, and preparation of transition issues.<\/p>\n\n\n\n<p>With revenues of EUR 1.6 billion in 2022, Adevinta ASA (ADE.OL) provides technology-based services to connect buyers with sellers and facilitate transactions from real estate to motors and consumer goods. The Group has a portfolio spanning digital marketplaces in 11 countries and more than 25 digital brands, covering one billion people, and attracting approximately an average of 2.5 billion monthly visits.<\/p>\n\n\n\n<p>As part of Adevinta&#8217;s strategy to focus on driving growth in its five core European markets of Benelux, France, Germany, Italy, and Spain, in February, Adevinta announced the launch of the sale process for Hungary, which was the last remaining business under strategic review.<\/p>\n\n\n\n<p>Adevinta Hungary is a dominant local classifieds operator. Its portfolio includes Haszn\u00e1ltaut\u00f3.hu, the #1 Motors marketplace and go-to platform for the sale and purchase of used cars, and J\u00f3fog\u00e1s, one of the leading generalist online classifieds sites in Hungary. In addition, the company operates Aut\u00f3navig\u00e1tor, a content site of Haszn\u00e1ltaut\u00f3 which posts motor reviews and news.<\/p>\n\n\n\n<p>Clairfield led an international sale process which generated offers from global and Hungary-based companies. Throughout the process, it became clear that Ingatlan.com, the leading real estate classifieds platform in Hungary, was the perfect fit \u2014 well-positioned to create substantial growth opportunities for their online classifieds business over the long term. Ingatlan.com is convinced that the acquisition of these marketplace assets represents a huge leap forward toward fulfilling its strategic goals and providing exciting opportunities for collaboration with users to benefit from synergies in the Hungarian market for the three biggest classifieds verticals: properties, cars, and consumer goods, all in one place.<\/p>\n\n\n\n<p>\u201cWe are pleased to have found the right local buyer in Ingatlan.com, who are extremely experienced in Hungary and well positioned to create strong growth opportunities for their online classifieds business over the long term,\u201d commented Antoine Jouteau, CEO Adevinta. \u201cThe completion of the divestiture of our Hungarian marketplaces is another important milestone in the optimisation of our portfolio and the execution of our Growing at Scale strategy, as we continue to focus on our five core markets in Europe. We would like to thank everyone at J\u00f3fog\u00e1s, Haszn\u00e1ltaut\u00f3.hu and Aut\u00f3navig\u00e1tor for their contributions to the business over the years, as they are now transferring to Ingatlan.com. Adevinta will continue to support the Hungarian business and its employees during the transition, ensuring business continuity for users and customers.\u201d<\/p>\n\n\n\n<p>\u201cWe congratulate Ingatlan.com on the acquisition and wish them continued success.\u201d J\u00f3zsef Keleti, CEO of Ingatlan.com, said: \u201cThe transaction is a huge leap forward. We are excited to integrate the talented teams of J\u00f3fog\u00e1s, Haszn\u00e1ltaut\u00f3.hu and Aut\u00f3navig\u00e1tor with Ingatlan.com and work together on our strategic goals. Our users will benefit from the limitless potential of managing their two biggest wealth assets, properties, and cars, in one place. This is a unique synergy opportunity in the European market. We are grateful for the extraordinary support provided by Adevinta throughout the transaction process.\u201d<\/p>\n\n\n\n<p>\u201cAdevinta\u2019s Hungarian digital assets are pioneers and have a long history. We are delighted to have advised Adevinta in the divesture of the businesses in a highly competitive process. The sale to Ingatlan.com provides a unique synergy and growth opportunity that will benefit the Hungarian consumers,\u201d says\u00a0Oliver Nemes, managing partner of Clairfield in Hungary.<\/p>\n\n\n\n<p>Read the Adevinta press release <a href=\"https:\/\/www.adevinta.com\/stories\/articles\/adevinta-sells-hungarian-classifieds-businesses-to-ingatlan-com\">here<\/a>.<\/p>\n\n\n\n<p>Clairfield deal team: Oliver Nemes, Berend Yntema, Kai Burger and George Majlath.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.clairfield.com\/team_member\/oliver-nemes\/?origin=\/?s=Oliver+Nemes\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/HU-Nemes-A.jpg\" alt=\"\" class=\"wp-image-48428\" srcset=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/HU-Nemes-A.jpg 600w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/HU-Nemes-A-300x300.jpg 300w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/HU-Nemes-A-150x150.jpg 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.clairfield.com\/team_member\/oliver-nemes\/?origin=\/?s=Oliver+Nemes\">Oliver Nemes<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.clairfield.com\/team_member\/berend-yntema\/?origin=\/?s=Berend+Yntema\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Yntemar-A.jpg\" alt=\"\" class=\"wp-image-48767\" srcset=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Yntemar-A.jpg 600w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Yntemar-A-300x300.jpg 300w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Yntemar-A-150x150.jpg 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.clairfield.com\/team_member\/berend-yntema\/?origin=\/?s=Berend+Yntema\">Berend Yntema<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.clairfield.com\/team_member\/kai-peter-burger\/?origin=\/?s=Kai+Burger\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Burger-A-1.jpg\" alt=\"\" class=\"wp-image-48784\" srcset=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Burger-A-1.jpg 600w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Burger-A-1-300x300.jpg 300w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2016\/10\/AT-Burger-A-1-150x150.jpg 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.clairfield.com\/team_member\/kai-peter-burger\/?origin=\/?s=Kai+Burger\">Kai Burger<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.clairfield.com\/team_member\/george-majlath\/?origin=\/?s=George+Majlath\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/05\/HU-Majlath-A.jpg\" alt=\"\" class=\"wp-image-48842\" srcset=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/05\/HU-Majlath-A.jpg 600w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/05\/HU-Majlath-A-300x300.jpg 300w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/05\/HU-Majlath-A-150x150.jpg 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.clairfield.com\/team_member\/george-majlath\/?origin=\/?s=George+Majlath\">George Majlath<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clairfield is pleased to announce the closure of Adevinta&#8217;s sale of its Hungarian online classifieds businesses J\u00f3fog\u00e1s, Haszn\u00e1ltaut\u00f3.hu, and Aut\u00f3navig\u00e1tor to Ingatlan.com, the leading real estate classifieds platform in Hungary. A joint Clairfield Hungarian\/Austrian project team managed the sale process from identification of targets, preparation of investor materials, and moderation of meetings with prospective buyers &hellip;<\/p>\n","protected":false},"author":6,"featured_media":57701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[347],"sector":[15],"class_list":["post-57699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notable-deals","sector-tech-software-digital"],"acf":{"intro_text":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Clairfield advises Adevinta ASA on the sale of its Hungarian subsidiary to Ingatlan.com - Clairfield<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clairfield.com\/clairfield-advises-adevinta-asa-on-the-sale-of-its-hungarian-subsidiary-to-ingatlan-com\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clairfield advises Adevinta ASA on the sale of its Hungarian subsidiary to Ingatlan.com - Clairfield\" \/>\n<meta property=\"og:description\" content=\"Clairfield is pleased to announce the closure of Adevinta&#8217;s sale of its Hungarian online classifieds businesses J\u00f3fog\u00e1s, Haszn\u00e1ltaut\u00f3.hu, and Aut\u00f3navig\u00e1tor to Ingatlan.com, the leading real estate classifieds platform in Hungary. 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