The Eqt VIII fund has closed an agreement to buy Facile.it from Oakley Capital and other minority shareholders. Oakley Capital will reinvest in the company while Eqt VIII will own the majority stake.
Founded in 2008, Facile.it is a site that allows you to compare the prices of car insurance, energy and telephone offers and products dedicated to personal finance. The company's turnover has achieved an average annual growth of 21% over the past five years. In 2017 alone, revenues amounted to approximately 66 million euros
The change of ownership does not bring about jolts in the management of Facile, which, including the CEO Mauro Giacobbe, will remain at the helm of the company. The completion of the transaction is expected by June. The parties have agreed not to disclose the value of the transaction.