With revenues of EUR 1.6 billion in 2022, Adevinta ASA provides technology-based services to connect buyers with sellers and to 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.
\nAdevinta 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 that posts motor reviews and news.
\nClairfield International acted as exclusive financial advisor to Adevinta ASA.<\/p>\n
\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. The 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.\u201d \u2014 Antoine Jouteau, CEO Adevinta<\/p>\n
\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.\u201d \u2014 J\u00f3zsef Keleti, CEO of Ingatlan.com<\/p>\n","protected":false},"featured_media":58110,"template":"","country":[25],"office_involved":[361],"service":[4],"sector":[15],"transaction_format":[41,42],"class_list":["post-58109","transaction","type-transaction","status-publish","has-post-thumbnail","hentry","country-hungary","office_involved-hungary","service-mergers-acquisitions","sector-tech-software-digital","transaction_format-case-studies","transaction_format-track-record"],"acf":{"intro_text":"Adevinta ASA, the premier European online classifieds specialist, sold Adevinta Hungary to Ingatlan, the leading real-estate classifieds platform in Hungary.","image_mode":"simple","transaction_image":58121,"text_between_images":"","transaction_image_2":null,"transaction_text":"Advisor to the seller","similar_transactions":[56853,54452,53286,24103,23315],"team":[1341,1385,1253,1604]},"yoast_head":"\n