.
MergerLinks Header Logo

New Deal


Announced

Completed

SoftBank Vision fund led a $512m Series F round in Auto1.

Financials

Edit Data
Transaction Value£393m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

retail

technology

automobiles

e-commerce

online platform

car marketplace

car trading

E-commerce

Germany

Acquisition

Private

Friendly

Completed

Minority

Single Bidder

Private Equity

Synopsis

Edit

SoftBank Vision fund led a $512m Series F funding round in Auto1, a multi-sided platform for the used car sector. The round saw and investment from existing investor DN Capital. “We are delighted to welcome SoftBank Vision Fund, one of the largest tech funds in the world, as an investor in AUTO1 Group. We believe that the Fund’s deep investment and technology expertise will help us to accelerate our growth as we continue to focus on making the used vehicle market more efficient and transparent,” Hakan Koc, Auto1 Co-CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US