PropertyPal and Used Cars NI snapped up by Daft.ie parent company
Emma Marley and Jordan Buchanan, CEOs of Used Cars NI and PropertyPal respectively, are to remain in post.
Distilled, best known for Daft.ie, DoneDeal.ie and Adverts.ie, has become the Republic's best-known classifieds business, catering to millions of users.
Used Cars NI was founded in 2006 and is the biggest online car marketplace in Northern Ireland, listing around 20,000 vehicles from dealers and private sellers.
PropertyPal was founded in 2007 and is the top property portal in Northern Ireland, and owner of both propertypal.com and propertynews.com.
Used Cars NI, PropertyPal and Propertynews will continue to operate as separate brands in the Northern Ireland market.
Cecil Hetherington, chair of Used Cars NI and PropertyPal, said: 'We are delighted to partner with Distilled as we embark on the next stage of our growth journey.
"Distilled have a deep understanding of online marketplaces and we share with them a passion for delivering the best possible experience to property and motoring buyers in our respective markets, as well as providing a rich suite of services to property professionals and motor dealers.'
A new NI board will be chaired by Mr Hetherington.
Eamonn Fallon, founder and CEO of Distilled, added: 'We have long admired the Used Cars NI and PropertyPal businesses and are excited to partner with them in their next phase of growth.
"I'm really impressed with the people in Used Cars NI and PropertyPal, and the quality of the products and solutions they have built for their customers.'
Daft.ie was founded in 1997, while DoneDeal.ie, launched in 2005, with Adverts.ie launched shortly after in 2006. In 2015, the three brands came together under a joint venture formed by the merger of Schibsted Classifieds Media, parent company of DoneDeal.ie, with Distilled Media Group, the parent company of Daft.ie and Adverts.ie.
In 2024, Blacksheep Fund Management Ltd., an investment manager based in Dublin, Ireland, became a significant shareholder in Distilled.
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PropertyPal and Used Cars NI snapped up by Daft.ie parent company
Distilled said the deals, for an undisclosed sum, would enable it to scale up its investments in product and technology, 'delivering enhanced value to users and customers across its platforms'. Emma Marley and Jordan Buchanan, CEOs of Used Cars NI and PropertyPal respectively, are to remain in post. Distilled, best known for and has become the Republic's best-known classifieds business, catering to millions of users. Used Cars NI was founded in 2006 and is the biggest online car marketplace in Northern Ireland, listing around 20,000 vehicles from dealers and private sellers. PropertyPal was founded in 2007 and is the top property portal in Northern Ireland, and owner of both and Used Cars NI, PropertyPal and Propertynews will continue to operate as separate brands in the Northern Ireland market. Cecil Hetherington, chair of Used Cars NI and PropertyPal, said: 'We are delighted to partner with Distilled as we embark on the next stage of our growth journey. "Distilled have a deep understanding of online marketplaces and we share with them a passion for delivering the best possible experience to property and motoring buyers in our respective markets, as well as providing a rich suite of services to property professionals and motor dealers.' A new NI board will be chaired by Mr Hetherington. Eamonn Fallon, founder and CEO of Distilled, added: 'We have long admired the Used Cars NI and PropertyPal businesses and are excited to partner with them in their next phase of growth. "I'm really impressed with the people in Used Cars NI and PropertyPal, and the quality of the products and solutions they have built for their customers.' was founded in 1997, while launched in 2005, with launched shortly after in 2006. In 2015, the three brands came together under a joint venture formed by the merger of Schibsted Classifieds Media, parent company of with Distilled Media Group, the parent company of and In 2024, Blacksheep Fund Management Ltd., an investment manager based in Dublin, Ireland, became a significant shareholder in Distilled.
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PropertyPal, Northern Ireland's main house sales website, has been bought by a company which operates a similar business in the Republic of new owner is Dublin-based Distilled which operates the house sales and rentals other brands include the DoneDeal online car year, PropertyPal merged with rival site Propertynews, although the two continue to operate as separate brands. That deal came after the entrepreneur Cecil Hetherington bought into Hetherington is the founder of Used Cars NI which is also being bought by 2023, Distilled made a pre-tax profit of €12.2million (£10.6m) on turnover of € Marley will continue in her role as CEO of Used Cars NI. Likewise, Jordan Buchanan will continue in his role as CEO of companies will be overseen by a new Northern Ireland Board to be chaired by Cecil Hetherington.
