Baltic Classifieds Group Acquires Untu
Deal News | Mar 10, 2025 | Aim Group
Baltic Classifieds Group (BCG) has successfully acquired the digital real estate valuation platform Untu.lt, marking a strategic expansion within the real estate sector. Although the financial terms of the deal were not disclosed, this acquisition adds value to BCG’s offerings by incorporating Untu's technological capabilities in precise real estate valuation, thereby enhancing BCG's digital footprint in Lithuania. Untu, which was founded five years ago, has distinguished itself by providing users with accurate real estate valuation tools, facilitating informed decision-making processes. This move signifies BCG’s commitment to broadening its digital services within the Lithuanian market.
Sectors
- Real Estate Technology
- Digital Classifieds
Geography
- Lithuania – Both Baltic Classifieds Group and Untu.lt are based in Lithuania, making it the focal geography for this acquisition.
Industry
- Real Estate Technology – The acquisition involves Untu.lt, a digital real estate valuation provider, indicating the transaction's relevance to the real estate technology sector.
- Digital Classifieds – Baltic Classifieds Group operates in the digital classifieds industry, which is expanded by acquiring an online service for real estate valuation.
Financials
- Undisclosed – The acquisition amount for Untu.lt by Baltic Classifieds Group has not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Baltic Classifieds Group | Bidding Company | Company | Baltic Classifieds Group is a Lithuanian company expanding its footprint in digital services through acquisitions. |
| Untu.lt | Target Company | Company | Untu.lt is a digital real estate valuation platform providing tools for accurately determining real estate value. |