Vinted completes secondary share transaction at €8B equity valuation reflecting consistent profitable growth

  • Secondary transaction of €880 million led by existing investor EQT increasing its shareholding, and new investors Teachers’ Venture Growth (TVG) and Schroders Capital (LON: SDR). 

  • New investors including BlackRock funds, Lombard Odier and Pinegrove Opportunity Partners participated in the transaction. Several existing shareholders, including Baillie Gifford, increased their position.

  • The transaction strengthens and broadens Vinted’s shareholder base, introducing institutional, long-term investors that can hold across private and public markets, while providing liquidity to existing shareholders and employees. 

  • The transaction values Vinted at €8 billion in equity, reflecting its unique financial profile - fast growth at scale with sustained profitability - and demonstrates investor belief in its potential.

  • The transaction was significantly oversubscribed.

 

Vilnius, Lithuania, 27 April 2026 – Vinted Group (“Vinted”), the  C2C second-hand marketplace, today completed a secondary share transaction of €880 million, at an equity valuation of €8 billion, with a mix of new and existing investors, led by EQT, Schroders Capital, and Teachers’ Venture Growth (TVG), the late-stage venture investment platform of Ontario Teachers’ Pension Plan.

 

The transaction demonstrates the progress Vinted has made in building a category-leading business with a unique financial profile: fast growth at scale with sustained profitability. This strong financial profile is driven by a proven marketplace embedded in an ecosystem of vertically integrated shipping and payment infrastructure. 

 

Vinted’s mission is to make second-hand the first choice. Vinted’s approach is to be the most cost-efficient, reliable and easy-to-use C2C second-hand marketplace, supported by data-informed decision-making and a disciplined approach to investment and expansion. 

 

In 2025, Vinted grew GMV by 47% YoY to €10.8bn, generating €1.1bn in annual revenue and €62 million in net profits, in 26 markets. Vinted is not raising any new primary capital in this transaction. The company has a strong balance sheet and has been cash flow positive for several years, giving it the capacity to invest in growth from its existing resources. 

 

The transaction rewards employees for their contribution and provides liquidity for existing institutional investors. All major investors remain significantly invested in Vinted. It strengthens and broadens the company’s investor base with institutional, long-term investors that can hold across private and public markets. 

 

The transaction was significantly oversubscribed, with strong participation from new and existing long-term institutional investors. EQT, an existing investor, has increased its holding, reinforcing its continued conviction in the company’s strategy and trajectory.

 

TVG and Schroders Capital join as new shareholders, with Schroders Capital having been an indirect investor since 2018. 

 

A number of other high-profile financial institutions are also participating. New investors include funds and accounts managed by BlackRock, Lombard Odier Investment Managers and Pinegrove Opportunity Partners. Baillie Gifford is one of a number of existing investors choosing to increase their positions.

 

Thomas Plantenga, CEO of Vinted Group, said: “This transaction and valuation reflect the progress we’ve made building Vinted into what it is today - a proven marketplace embedded in an ecosystem of vertically integrated shipping and payments infrastructure, designed to make second-hand reliable, easy and affordable at scale. This transaction recognises the value we have created and gives employees the opportunity to share in it. It also gives liquidity to long-standing investors, continuing an approach we have taken in every funding round since 2015. 

 

Online second-hand is growing faster than general e-commerce. We have built the fundamentals in Vinted Marketplace, Vinted Go and Vinted Pay so we are well positioned to capture and drive this growth. Our opportunity remains large: shifting global consumption toward second-hand while building a world-leading business.”

 

Carolina Brochado, Partner, EQT, said: “Vinted has built a category-leading technology business in Europe, combining strong growth with disciplined execution. We continue to be impressed by the team and are doubling down on our high conviction in their strategy and long-term potential.”

 

Avid Larizadeh-Duggan, Head of EMEA for Teachers’ Venture Growth, said: “Vinted's marketplace is distinguished by its scale, profitability, and disciplined operating model. It has established a strong presence in many European countries, and is growing beyond there. At the same time, Vinted has broadened its reach beyond fashion into fast-growing adjacent categories such as electronics. This is a unique business with a clear focus on long-term value creation, led by an exceptional team under Thomas’s leadership. We are delighted to support Vinted as it continues its inspiring journey.”

 

Steven Yang, Head of Global Venture Investments, Private Equity at Schroders Capital, said: “Vinted stands out for its disciplined execution, a clear focus on member value and an ecosystem that supports sustainable, long-term growth. It is at the heart of a structural shift in how people consume. The company combines strong fundamentals with a clear strategy, which we believe positions it well for continued expansion. We look forward to supporting the company as it continues to expand its reach and impact.”  

 

Goldman Sachs International served as sole placement agent for the transaction. Cooley provided legal advice to Vinted.