Blackstone and Permira draw early interest from Prosus, EQT and others for €10bn Mobile.de stake

Dutch tech investor Prosus has expressed preliminary interest in acquiring Germany’s leading auto marketplace Mobile.de, as private equity owners Permira and Blackstone prepare for a potential €10bn IPO, according to Reuters.

Prosus, the investment arm of South Africa’s Naspers, could make a bid through its classifieds platform OLX but has not entered formal talks. Its interest follows the firm’s €1.1bn acquisition of French motors platform La Centrale earlier this year, marking its growing ambition in Europe’s used-car marketplace sector.

Permira and Blackstone, who acquired Mobile.de’s parent company Adevinta for NOK 141bn (approximately $13bn) in 2023, have appointed JPMorgan and Goldman Sachs to prepare the listing, which could take place next year in Frankfurt.

In addition to Prosus, private equity firms EQT, Cinven, and Apax are also said to be exploring interest in the business, underscoring the continued appetite among institutional investors for high-growth digital marketplace assets.

Mobile.de, based in Berlin, has grown into Germany’s largest online platform for buying and selling vehicles, benefitting from the post-pandemic surge in online consumer activity.

While deliberations remain at an early stage, the potential IPO or sale would mark one of Europe’s largest tech exits of 2026, highlighting the strong market for private equity-backed digital marketplace deals.

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