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Announced

Project A Ventures and Koehler Group to acquire kfzteile24 from EQT.

Synopsis

Project A Ventures, a venture capital company, and Koehler Group, a single family office, agreed to acquire kfzteile24, an eCommerce platform for automotive spare parts and accessories, from EQT, a private equity firm. Financial terms were not disclosed. “We are very grateful for EQT’s extensive support, which enabled us to turn kfzteile24 into the successful and profitable omnichannel company it is today. Our strong digital platform has been key to the rapid expansion of the direct delivery business for commercial customers. EQT has been a great partner and helped to position kfzteile24 for the long-term. We are excited for what the future holds," Markus Winter, kfzteile24 CEO.

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