Founded in 2008 and headquartered in Milan, Facile.it is Italy’s leading destination for consumers to compare prices for car insurance, energy, telecoms and personal finance. With a turnover of approximately €35 million and thanks to strong relationships with all Italian online insurers and a huge customer base, Facile.it is the largest domestic (online and offline) car insurance broker. Capitalizing on its leading market position in car insurance and strong brand awareness, Facile.it has launched new product verticals in ADSL, gas & power, financial products and cellular. Facile.it operates a multi-channel business model with sales channels including i) Web: completion of an online form after the review of available offers directly on the website; ii) Contact center: structured in two facilities located in Milan and Tirana (Albania) and iii) Field sale force: B2B/B2C sales realized through a network of independent agents. The Group currently employees approximately 470 people in Italy and Albania. In September 2014 Oakley Capital Private Equity, a fund with a strong experience in Technology, Media, Online transactional businesses across Europe, acquired a controlling stake in the Group alongside the original founders and management.
Debt advisory to Facile.it, owned by Oakley Capital together with founders and management
Company
Facile.it
Transaction
Sector
Activity
Car insurance brokerage
Date
Country
Italy - UK