Oakley agrees sale of Facile.it

Fund III invested in Facile in 2018, alongside EQT Private Equity.

During the course of the investment the business has continued to pioneer the Online Price Comparison market in Italy, developing innovative products that save its users hundreds of millions of euros every year.

Over time, Facile has expanded its diversified product offering and unique omnichannel distribution proposition that underpin its long-term growth trajectory, allowing it to benefit from the continued market digitalisation and e-commerce penetration.

Today, Facile reaches a base of over four million unique monthly users via an end-to-end seamless experience across its website, 39 stores, and over three thousand agents, and has grown its EBITDA by more than 20% on average over the last four years.