Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024. Munich, Germany-based AutoScout24, which owns and operates various online automotive marketplaces ...

The parent of Canadian online auto marketplace AutoTrader has traded hands again. German auto marketplace operator AutoScout24 GmbH, which is majority owned by private equity firm Hellman & Friedman, ...

On August 16, 2024, AutoScout24, the leading pan-European online automotive marketplace, agreed to acquire TRADER Corporation ("TRADER Canada") from Thoma Bravo. The transaction, expected to close in ...

Thoma Bravo has agreed to sell Trader Corp, a Toronto-based digital automotive marketplace and software provider, to Hellman & Friedman-backed AutoScout24. H&F will make a “meaningful” incremental ...

The deal values the business at €2.9bn, exceeding Scout24's valuation expectation of €2.5bn and equivalent to 26.1x EBITDA for the 12 months to September 2019. H&F used equity and debt for the deal ...

Adnami, an ad-tech company this week announced its new partnership with AutoScout24, a large pan-European online car market. Vaughan Belhamine: “We’ve been looking for a partner that can provide us ...

Under pressure from Elliott Management, Scout24 sold its AutoScout24 business for ~€2.8 billion. Elliott argued that Scout24 could command a €5.5 billion standalone valuation. As the sale was ...

BERLIN, Dec 17 (Reuters) - German classifieds group Scout24 said on Tuesday it had agreed to sell AutoScout24 to private equity investor Hellman & Friedman (H&F) for 2.9 billion euros ($3.2 billion).

A mantra at the Ferrari Design Centre, directed by Flavio Manzoni is that the style of every vehicle produced on the Maranello assembly line is functional and increases performance. Not one component, ...