Silver Lake to Acquire a Majority Stake in Italian Online Price Comparison Platform Facile.it.

MANews-(C)2009-2022

US-based technology investing firm Silver Lake has entered into a definitive agreement to acquire a majority stake in Italian online price comparison platform Facile.it from EQT VIII fund and Oakley Capital, a pan-European private equity firm, the firm said.

Founded in 2008 and headquartered in Milan, Italy, Facile originated with pioneering the offering of motor insurance brokerage online,.

Over time, Facile diversified its offering by adding new product lines including gas and power, broadband, mortgages, consumer loans and, more recently, a new car sales marketplace platform.

Facile also benefits from a scaled omni-channel distribution approach across its online channels, its network of owned stores as well as its networks of insurance and mortgage and consumer loan agents it...

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