Autodoc, the Berlin-based online car parts retailer backed by Apollo Global Management, is planning to float on the Frankfurt Stock Exchange via a secondary share sale, according to a bookrunner cited by Reuters.

The company’s founders and Apollo will offload shares in the listing, though the size of the offer is yet to be finalised.

The deal will not raise fresh equity for Autodoc, with the entire offer comprising existing shares. Citi, Barclays, Deutsche Bank, and Jefferies have been appointed as joint global coordinators.

Founded in 2008, Autodoc operates across 27 European markets and has recently stepped up efforts to expand its business-to-business offering. The company reported 2024 revenues of €1.56bn ($1.78bn), maintaining a compound annual growth rate of 25% since 2018.

The listing announcement comes despite challenging market conditions for IPOs in Europe. Recent cancellations and delays from firms such as Cobalt Holdings, Klarna, and Stada reflect caution amid global trade tensions and investor volatility.

Nevertheless, Autodoc’s decision signals continued appetite among private equity sponsors to pursue strategic exits for high-growth portfolio companies in robust verticals. Apollo’s involvement in the listing highlights private equity’s role in driving expansion and institutionalisation within e-commerce and automotive aftermarket sectors.

Source: Reuters

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