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| Company type | Public |
|---|---|
| LSE: BCG FTSE 250 component | |
| Founded | 1999 |
| Headquarters | Vilnius, Lithuania |
Key people | Trevor Mather (Chairman) Justinas Šimkus (CEO) |
| Services | Classified portals |
| Revenue | |
| Website | balticclassifieds |
Baltic Classifieds Group is a Lithuanian company that specialises in classified portals. The company was established in 1999 and is headquartered inVilnius, Lithuania. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.
The company was established with the launch of two classified portals in Estonia in 1999.[2] It subsequently expanded by acquisition creating an enlarged portfolio including portals in Latvia and Lithuania.[2]
The company was acquired byEesti Meedia Group in 2014 and by funds managed byApax Partners in May 2019.[3] It was then the subject of aninitial public offering on theLondon Stock Exchange in July 2021.[4] In August 2021FTSE Russell announced that, based on the size of its market capitalisation (circa £1.2 billion at that time), the company was an indicative candidate for inclusion in theFTSE 250 Index.[5]
In 2023, the company became the thirdunicorn company in Lithuania afterVinted andNord Security.[6]