Apax Partners acquisition of Baltic Classifieds Group

9/5/2019

Private acquisition

Status:

Announced

Date:

9/5/2019

Overview:

Apax Partners has agreed to acquire Baltic Classifieds Group, a portfolio of online classified advertising platforms in the Baltics, from Media Investments & Holding.
The company operates in Lithuania and its portals generate more than 50 million monthly visits.

Prin Shasiharan - Researcher

Jurisdictions:

Estonia
Latvia
Lithuania

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Consumer goods and services
Technology and telecommunications

Firms:

Cobalt

Party: Apax Partners (Acquirer)

Lawyers: Guntars Zile, Irmantas Norkus, Martin Simovart, Ott Aava

Eversheds Sutherland Ots & Co

Party: Media Investments & Holding (Seller)

Lawyer: Maivi Ots

Simpson Thacher & Bartlett

Party: Apax Partners (Acquirer)

Lawyer: Derek Baird

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