Cinven Spain Sl. signed an agreement to acquire 70% stake in idealista, S.A.U. from EQT IX, managed by EQT Partners AB, The Apax Digital Fund, managed by Apax Partners LLP and Oakley Capital IV, managed by Oakley Capital Investments Limited on June 28, 2024. The transaction is subject to customary conditions and approval.

EQT will retain an 18%, Jesus Encinar, founder and Chairman of idealista, will also retain his stake and continue to lead the Company alongside the management team.