Vinted valued at $9.3bn after secondary share transaction

1 hour ago 1

The transaction was led by EQT, Schroders Capital, and Teachers’ Venture Growth (TVG), Ontario Teachers’ Pension Plan’s late-stage task platform, with information from some caller and existing investors.

Several organization investors, including BlackRock, Lombard Odier Investment Managers, Pinegrove Opportunity Partners and funds managed by Baillie Gifford, participated successful this round.

Baillie Gifford accrued its holdings, joining different investors who reinforced their committedness to the business. EQT raised its investment, portion Schroders Capital has go a nonstop shareholder, having antecedently invested indirectly since 2018.

EQT spouse Carolina Brochado said: “Vinted has built a category-leading exertion concern successful Europe, combining beardown maturation with disciplined execution. We proceed to beryllium impressed by the squad and are doubling down connected our precocious condemnation successful their strategy and semipermanent potential.”

According to Vinted, the woody did not impact the issuance of caller superior superior and alternatively provided liquidity for employees and existing institutions.

Vinted CEO Thomas Plantenga said: "This transaction and valuation bespeak the advancement we’ve made gathering Vinted into what it is contiguous - a proven marketplace embedded successful an ecosystem of vertically integrated shipping and payments infrastructure, designed to marque second-hand reliable, casual and affordable astatine scale. This transaction recognises the worth we person created and gives employees the accidental to stock successful it. It besides gives liquidity to long-standing investors, continuing an attack we person taken successful each backing circular since 2015.”

Goldman Sachs International acted arsenic the sole placement cause for the transaction and Cooley served arsenic ineligible adviser.

Schroders Capital planetary task investments, backstage equity caput Steven Yang said: “Vinted stands retired for its disciplined execution, a wide absorption connected subordinate worth and an ecosystem that supports sustainable, semipermanent growth. We look guardant to supporting the institution arsenic it continues to grow its scope and impact.”

Vinted, a customer-to-customer second-hand manner marketplace, recorded a 47% year-on-year summation successful gross merchandise measurement to €10.8bn successful 2025. The company, which operates crossed 26 markets, generated €1.1bn successful revenue, and €62m successful nett profits during the year.

"Vinted valued astatine $9.3bn aft secondary stock transaction" was primitively created and published by Just Style, a GlobalData owned brand.


The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.

Read Entire Article