Buydepa has completed an IPO through ScaleX

January 2025 — Buydepa S.p.A. has successfully raised US$3.1 million (CLP3 billion) through its stock market debut on ScaleX (Santiago Venture Exchange). The company placed 12% of its shares through a capital increase, with subscriptions from a local institutional investor and a broad base of high-net-worth qualified investors.

With the funds raised through this placement, Buydepa will allocate 90% to strengthening its equity base, enabling it to secure greater real estate financing, while the remaining 10% will focus on promoting new, asset-light products and incorporating innovative tools to simplify the purchase and sale of properties.

Buydepa has developed a unique business model that focuses on the instant purchase, renovation and sale of properties valued at less than US$142,430 (UF3,500). The company offers recently renovated, semi-new apartments with accessible financing options, including interest-free down payment plans.

Our role in the transaction

Oaklins’ team in Chile acted as the financial advisor and placement agent in the IPO of Buydepa (BCS: BUYDEPAX) through ScaleX. This transaction marks the second placement sponsored by Oaklins Chile on ScaleX, the financing market for startups and scaleups promoted by the Santiago Stock Exchange and Corfo, which currently hosts six listed companies. It further solidifies the team’s position as a leading financial advisor in this market.