Massive deal in Madrid: EQT buys online real estate classifieds platform idealista for €1.3 billion

Global investment firm EQT has agreed to acquire the majority of Spanish online real estate classifieds platform provider idealista from (funds advised by) Apax Partners and its management for a whopping €1.3 billion. Apax bought idealista in 2015 at a reported €150 million valuation. EQT’s IX fund will have a majority ownership, but idealista’s management […]

London’s Imperial College debuts ‘Innovation Fund’ to back startups founded by students and staff

Imperial College London, one of the world’s leading universities, is today launching its first ‘Innovation Fund’ to back early-stage spin-out startups founded by students or staff, or with a research or development link to the institution. The first fund will be managed by university spinout fund manager Parkwalk, an obvious choice as the latter already […]