Vinted valued at €8bn after €880mn secondary share sale

Second-hand marketplace Vinted Group has completed an €880 million secondary share sale, valuing the company at €8 billion and underscoring continued investor confidence in the resale sector.

The transaction was led by EQT, Schroders Capital and Teachers’ Venture Growth, the late-stage venture capital arm of the Ontario Teachers’ Pension Plan. EQT, an existing investor, increased its stake in the company, while Teachers’ Venture Growth and Schroders Capital joined as new shareholders. Schroders Capital had previously been an indirect investor in Vinted since 2018. 

Read full announcement (external link)

Originally published on 28 Apr

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