IFP Corporate Finance advises on the sale of Alio classified ads business

Alio sold its classified advertising business to Delfi, a subsidiary of the Estonian media group Ekspress Grupp. IFP Corporate Finance acted as the sell-side financial advisor.

About Alio

Alio is one of the best recognised brands in Lithuanian classified advertising market, operating in print and online segments for more than 20 years.

About Ekspress Grupp

Ekspress Grupp is a leading  media group in the Baltics involved in printing, newspaper and magazine publishing and online media. In Lithuania Ekspress Grupp owns the most-visited group of websites delfi.lt