Oakley Capital (“Oakley”) is pleased to announce that it has reached an agreement to sell its stake in Casa.it (“Casa”), one of the leading players in the online real estate classifieds market in Italy, to the EQT IX fund (“EQT”). Casa is part of Fund III’s investment in the online classifieds group, Casa & atHome.

Oakley originally invested in the business in 2017, as part of the acquisition of a portfolio of classifieds businesses from REA Group, which comprised Casa.it in Italy and atHome.lu in Luxembourg. Under Oakley’s ownership, Casa has significantly expanded its customer base, now servicing over 14,000 real estate agents with over one million property listings on its website.

Luca Rossetto, CEO of Casa, commented:
“This step comes after a 3-year period of significant change at Casa.it. Our technology platform, brand equity, skills and organisation are now positioning Casa.it to be a much stronger player in the Italian market. I would like to take this opportunity to thank the team at Oakley for its support and valuable contribution over this period, which has been key to the development of the company.”

Mediobanca acted as Oakley’s Financial Adviser in connection with this transaction.