General Atlantic Announces Close of Investment in funda
General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.
- General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.
- With the close of the transaction, General Atlantic holds 1,224,603 shares, representing a 24% interest in funda.
- General Atlantic plans to partner with funda and NVM Holding, along with STAK, to support funda’s continued leadership position in the market.
- NVM Holding looks forward to contributing to the further growth and development of funda together with General Atlantic and STAK.”
Marcel de Groot, chairman of STAK, said: “General Atlantic is a committed shareholder with whom NVM Holding, STAK, and funda will work together as partners.