Oakley Capital agrees sale of investment in idealista at €2.9 billion valuation

LONDON: Oakley Capital, a leading pan-European private equity investor, announced that Oakley Capital Fund IV has sold its stake in idealista, southern Europe’s leading online real estate classifieds platform, to Cinven in a transaction that values the business at €2.9 billion. idealista has performed ahead of its original investment case and, including prior distributions, Fund…