The Deal 2dehands.be and 2ememain.be are the two biggest online classified sites in Belgium. They became part of the eBAy Classifieds group. IEG – Investment Banking Group organized the entire sale process as exclusive M&A advisor to
2dehands.nl B.V. Maarten Beucker Andrea, Founder & CEO 2dehands.nl B.V. stated about IEG: "„IEG has two advantages: 1.) Powerful execution ressources, and 2.) an unique"
The tasks of IEG included the preparation of an integrated financial model including various market consolidation scenarios, the set-up of virtual pre- & post-offer data rooms & compilation of relevant documents, the coordination of management presentations & preparation of respective documents for selected international bidders, the advice on the investor selection process & on-site support during exclusivity phase with selected bidding party, the support in conducting of & follow-up on an extensive on-site due diligence, the assistance during term sheet, SPA and/or legal documentation negotiations.
The Partners Founded in 1997, award-winning 2dehands classifieds sites are market-leading in Belgium with around 300 million page views and more than 5.5 million unique visitors per month. The company has offices in Amsterdam and Brussels. eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995 and is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide.
IEG was an execution power to make this transaction a success within 4 months. We have compared 12 investment banks firms before we chose IEG. They proved invaluable for the dedication, know-how and network, permanently two analysts in our office to create models, presentations and channeling all Q&A's, managing the process and all risks very well.