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GP Bullhound advises Schibsted ASA on its sale of hitta.se to Sprints Capital Management and the management of hitta.se

Stockholm, 18 July 2017 – GP Bullhound, the European technology investment bank, acted as the exclusive financial advisor to Schibsted ASA (SCHA/SCHB) on its sale of hitta.se to Sprints Capital Management and the management of hitta.se.

hitta.se is a leading local search engine and one of Sweden’s most visited websites. hitta.se helps people find relevant information about companies, people and places. At hitta.se there are addresses and telephone numbers for all Swedish companies and individuals, as well as maps, directions, street images, satellite imagery and much more. hitta.se was founded in 2004 and is headquartered in Stockholm, Sweden.

Per Roman, Managing Partner at GP Bullhound, commented: “GP Bullhound is delighted to have advised Schibsted on their sale of hitta.se to Sprints Capital Management and the management of hitta.se. It has been a pleasure to work with such a great management and owner group.”

This represents the completion of GP Bullhound’s 13th transaction in 2017 and further establishes the firm’s expertise in advising online category leaders, following on from previous transactions including Avito, Delivery Hero, TyresOnTheDrive, LendInvest and Anumex.

Enquiries
For enquiries, please contact Per Roman, Managing Partner, at per.roman@gpbullhound.com or Per Lindtorp, Director, at per.lindtorp@gpbullhound.com.

About GP Bullhound

GP Bullhound is a leading technology merchant bank, providing transaction advice and capital to the best entrepreneurs and founders in Europe and beyond. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris and Hong Kong. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound

About Schibsted ASA (SCHA/SCHB)
Schibsted Media Group is an international media group with 6900 employees in 30 countries. Schibsted’s strategy of becoming a global leader within their chosen fields is ambitious. It consists of three elements that work seamlessly together: Online Classifieds, Media Houses and Growth. Schibsted Media Group is a listed company headquartered in Oslo, Norway.

About hitta.se
hitta.se is a leading local search engine and one Sweden’s most visited websites. hitta.se helps people find relevant information about companies, people and places. At hitta.se there are addresses and telephone numbers for all Swedish companies and individuals. In addition, there are maps, directions, street images, satellite imagery and much more. In 2010 hitta.se was named the 8th strongest brand in Sweden. hitta.se was founded in 2004 and is headquartered in Stockholm, Sweden