Idealistic the possibility of going public is raised again. The real estate portal, through the three private capital funds that account for its shareholders (EQT Partners, Apax Partners and Oakley Capital) would be studying a potential exit to the stock market.
so he picks it up The Economist which, citing various financial sources, also points out that, in addition to going public if the market situation is favourable, The direct sale or the joint option called ‘dual track’ is also contemplated.
Although in principle the operation would be considered as a divestment by EQT Partners, according to the aforementioned media, There is also the possibility that the Swedish manager continues as a shareholder with a lower stake than it is now. In this way, the investment consortium led by EQT Partners would have begun to enter into conversations with Jesús Encinar, founder and CEO of Idealista.
With the IPO, Idealista would access capital market financing to accelerate its growth and provide itself with the necessary resources to develop its business plan.
Idealistic It was born in the year 2000 and is currently the leading real estate portal in Spain and Portugal. In addition, with the purchase of Casa.it, the largest real estate platform in Italy, from Oakley Capital, the company has also managed to obtain the largest market share in the sector in the transalpine country.