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New Deal


Announced

Hellman & Friedman-backed AutoScout24 to acquire a majority stake in AUTOproff.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

motor vehicle

Majority

Acquisition

Private

digital

Cross Border

Pending

Denmark

Auto Technology

Private Equity

Synopsis

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Hellman & Friedman-backed AutoScout24, an online platform for new and used cars, agreed to acquire a majority stake in AUTOproff, a platform to sell and buy used cars. Financial terms were not disclosed. "AUTOproff is the perfect addition to AutoScout24's offering. AUTOproff was founded by car dealers for car dealers and provides first class solutions for trade-in and B2B transactions. With this acquisition, AutoScout24 is becoming a one-stop solution for digital retail and digital wholesale of cars in Europe," Edgar Berger, AutoScout24 CEO.

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