General Atlantic acquires a Majority Stake in Hemnet


Paul, Weiss has advised General Atlantic in their agreement to acquire a majority stake in Hemnet, Sweden’s leading online real estate classifieds platform.

General Atlantic LLC is a private equity and venture capital firm specializing in investments in mezzanine, expansions, growth capital, pre-IPO stage, buyouts, industry consolidations, build-ups, acquisition, recapitalization and PIPE. The Firm, led by William E. Ford, Steven A. Denning, Thomas J. Murphy, J. Frank Brown and Christopher G. Lanning, is based in New York.


The Paul, Weiss team included corporate partners Matthew Abbott (Picture) and David Lakhdhir and counsel Wendy Semel; finance partner Dale Sarro and counsel Pearl Yuan-Garg; tax partner Patrick Karsnitz; and employee benefits partner Robert Fleder.

Involved fees earner: Matthew Abbott – Paul Weiss Rifkind Wharton & Garrison; David Lakhdhir – Paul Weiss Rifkind Wharton & Garrison; Wendy Semel – Paul Weiss Rifkind Wharton & Garrison; Dale Sarro – Paul Weiss Rifkind Wharton & Garrison; Pearl Yuan-Garg – Paul Weiss Rifkind Wharton & Garrison; Patrick Karsnitz – Paul Weiss Rifkind Wharton & Garrison; Robert Fleder – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: General Atlantic;