• Homepage
  • About Arma
  • Sector Expertise
  • Capabilities
  • Global Reach
  • Deals
  • Team
  • Arma Angle
  • News
  • Careers
  • Social Impact
  • Contact

Home / Deals / Arma Partners advises Summa Equity on its co-investment in TBAuctions

Arma Partners advises Summa Equity on its co-investment in TBAuctions
Mar 2022
co-investment in
  • Sector: Media & Internet
  • Deal Type: Private Equity Deals
  • Engagement type: Buyside
  • Size: $200-500m
  • Sector Deals
  • Sector Team
  • Region Deals
Scroll

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Summa Equity on its co-investment in TBAuctions. As part of the transaction, Summa Equity will merge Auksjonen.no and PS Auction, two leading auction platforms in the Nordic markets, as well as appraiser Bjarøy, with TBAuctions.

Headquartered in Amsterdam, TBAuctions is a leading online auction platform and marketplace for second-hand and second chance goods with 13,000 auctions comprising 2.75 million lots per year and over 10 million website visitors per month, making it one of Europe’s largest online auctioneers. The addition of Auksjonen.no (one of Norway’s largest auctioneers), PS Auction (a leading Swedish auction house), and appraiser Bjarøy, will extend TBAuctions’ market-leading offering into the Nordic markets, support the development of its platform across Europe and enable further M&A.

The newly enlarged group will play an important role in the global move towards a circular economy by finding new homes for second-hand and second chance goods.
This transaction underscores Arma Partners’ role as a leading advisor to online marketplace companies and their investors throughout Europe, demonstrates our focus on ESG and highlights our successful track record in the Benelux and Nordic regions.

Back to deals
Arma Partners logo
  • About Arma
  • Sector Expertise
  • Capabilities
  • Global Reach
  • Deals
  • Team
  • Arma Angle
  • News
  • Careers
  • Social Impact
  • Contact

Arma Partners LLP is authorised and regulated by the Financial Conduct Authority and registered as a limited liability partnership in England and Wales (registered number OC307424. VAT registered number 162087808).

  • Privacy Notice
  • Terms & Conditions of Use
  • Modern Slavery Act Statement
  • Sustainability
  • Sitemap

US Arma Partners LP is a FINRA member.

You can check the background of US Arma Partners LP and its registered representatives on FINRA’s BrokerCheck.

Copyright © 2022 Arma Partners Site produced by Skylark

We at Arma Partners are committed to respecting your privacy and protecting your personal data. This privacy notice will inform you as to how we look after your personal data when you visit our website (regardless of where you visit it from) and tell you about your privacy rights and how the law protects you.
Learn More Accept Cookies