Second-hand marketplace Vinted Group has completed an €880 million secondary share sale, valuing the company at €8 billion and underscoring continued investor confidence in the resale sector.
The transaction was led by EQT, Schroders Capital and Teachers’ Venture Growth, the late-stage venture capital arm of the Ontario Teachers’ Pension Plan. EQT, an existing investor, increased its stake in the company, while Teachers’ Venture Growth and Schroders Capital joined as new shareholders. Schroders Capital had previously been an indirect investor in Vinted since 2018.
The share sale also attracted participation from a number of major financial institutions. New investors included funds and accounts managed by BlackRock, Lombard Odier Investment Managers and Pinegrove Opportunity Partners. Existing investor Baillie Gifford also increased its position.
Unlike a primary fundraising round, the transaction did not involve the issuance of new shares or raise fresh capital for Vinted. Instead, it allowed existing shareholders to sell part of their holdings to new and existing investors.
The deal comes as Vinted continues to expand across Europe and beyond. The company currently operates in 26 markets and has reported strong growth, with gross merchandise value rising 47 percent to €10.8 billion. Revenue reached €1.1 billion, while net profit stood at €62 million.
The company’s performance reflects the growing popularity of second-hand shopping, as consumers increasingly seek more affordable and sustainable alternatives to buying new goods. Vinted has become one of Europe’s most prominent resale platforms, connecting users who want to buy and sell pre-owned fashion and other items.
Goldman Sachs International acted as sole placement agent for the transaction, while Cooley provided legal counsel to Vinted.
About Vinted
Vinted is an online marketplace for second-hand fashion and lifestyle items, allowing members to buy and sell pre-owned clothing, accessories and other goods. Founded in Lithuania, the company has grown into one of Europe’s leading resale platforms, supported by rising consumer interest in affordability, circular fashion and more sustainable shopping habits. Its business model is built around peer-to-peer transactions, helping users extend the life of products while reducing reliance on new purchases.
