Oakley Capital (“Oakley”) is pleased to announce that Oakley Capital Fund III (“Fund III”) has reached an agreement to sell its stake in Facile.it (“Facile”), Italy’s largest online price comparison platform, to Silver Lake.
Fund III invested in Facile in 2018, alongside EQT Private Equity.
During the course of the investment the business has continued to pioneer the Online Price Comparison market in Italy, developing innovative products that save its users hundreds of millions of euros every year.
Over time, Facile has expanded its diversified product offering and unique omnichannel distribution proposition that underpin its long-term growth trajectory, allowing it to benefit from the continued market digitalisation and e-commerce penetration.
Unique monthly users
4m+
via an end-to-end seamless experience
Stores
39
and 3k+ agents
Growth
20%+
EBITDA
Today, Facile reaches a base of over four million unique monthly users via an end-to-end seamless experience across its website, 39 stores, and over three thousand agents, and has grown its EBITDA by more than 20% on average over the last four years.
On behalf of the Facile management team and all employees, I would like to thank our investors EQT and Oakley Capital for the successful, collaborative, and highly productive partnership over the past four years on our journey towards capitalising further on our position as a landmark destination for Italy’s household spending. Thanks to the support of our investors, we are in an even better position today for the next phase of our growth with our new partner Silver Lake.
Tobias Stuber
CEO — Facile
Our successful investment in Facile built on our deep expertise investing in digital marketplaces including price comparison websites. We would like to thank Tobias and his team for their hard work in growing the business over the last four years, delivering vertical diversification and significant customer growth.
Peter Dubens
Managing Partner & Co-Founder — Oakley Capital
