Private equity funds circle Adevinta's Spanish classifieds unit, sources say

By Andres Gonzalez, Amy-Jo Crowley and Emma-Victoria Farr

LONDON, June 24 (Reuters) - Private equity firms Apax Partners, EQT EQTAB.ST, and Hellman & Friedman are among the firms considering offers for the Spanish business of the online classifieds group Adevinta, according to two people with knowledge of the situation.

Adevinta's Spanish unit, which includes brands such as job-search platform Infojobs and property website Fotocasa, could fetch more than 2 billion euros ($2.32 billion) in a sale, Reuters previously reported.

The buyout groups are working to prepare offers ahead of a deadline in July, one of the sources said.

There is no certainty that a deal will materialise and other bidders could still emerge before the deadline for non-binding offers, the sources said.

EQT, Apax and H&F all declined to comment. Adevinta shareholders Permira and Blackstone BX.N also declined to comment. Adevinta also declined to comment.

The sale is the latest disposal by the Nordic classifieds group since it said it would be taken private by buyout groups Blackstone and Permira in 2023.

Previously, Adevinta agreed to divest its stake in willhaben, Austria's leading digital consumer marketplace, and is considering listing German online auto marketplace Mobile.de in 2026, Reuters reported in January.

Adevinta owns six different marketplaces in Spain, including coches.net, a leading classifieds site for second-hand cars.

($1 = 0.8613 euros)