AutoScout24 Acquires TRADER Corporation from Thoma Bravo

August 16, 2024

AutoScout24 has signed an agreement to acquire TRADER Corporation (TRADER Canada) from Thoma Bravo, with funds affiliated with existing majority shareholder Hellman & Friedman making an incremental equity investment in AutoScout24. The acquisition expands AutoScout24's presence into Canada and adds TRADER's leading marketplaces (AutoTrader.ca, AutoHebdo.net), dealer software (AutoSync), lender portal (DealerTrack) and collateral management services to its product set.

Buyers
AutoScout24, Hellman & Friedman
Targets
TRADER Corporation
Sellers
Thoma Bravo
Industry
E-Commerce
Location
Ontario, Canada
Transaction Type
Buyout

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