KKR & Co and TPG Inc are said to be considering buying out the Singapore-based online real estate platform PropertyGuru, according to a Bloomberg report.
KKR and TPG, which own about 26.5% and 29.6% stake in PropertyGuru, respectively, are working with an unnamed financial adviser to gauge market appetite.
Revenue Grew 12% Year Over Year in the First Quarter and Adjusted EBITDA of S$4 Million
Total revenue grew 12% to S$37 million in the first quarter of 2024; Singapore revenue grew 25%
Adjusted.