Distilled, the company behind Daft.ie, DoneDeal.ie and Adverts.ie has bought two companies in Northern Ireland.
The acquisition of Used Cars NI and PropertyPal is part of the company’s growth plans.
Used Cars NI was founded in 2006 and is the largest online car marketplace in Northern Ireland.
PropertyPal was founded in 2007 and lists over 50,000 properties for sale and rent each year from estate agents and property developers across the region.
Emma Marley will continue in her role as CEO of Used Cars NI, while Jordan Buchanan will continue in his role as CEO of PropertyPal.
“We have long admired the Used Cars NI and PropertyPal businesses and are excited to partner with them in their next phase of growth,” said Eamonn Fallon, Founder and CEO of Distilled.
“I’m really impressed with the people in Used Cars NI and PropertyPal, and the quality of the products and solutions they have built for their customers,” he added.
Back in 2014, Dublin based fund manager Blacksheep Fund Management bought the stake in Distilled which was controlled by European online classifieds group, Adevinta.
Last year, Dublin based fund manager Blacksheep Fund Management bought the stake in Distilled which was controlled by European online classifieds group, Adevinta.
At the time, Sky News reported that the transaction could be worth in the region of €500m.
