Kirkland Advises Thoma Bravo on Sale of TRADER Corporation to AutoScout24

Kirkland & Ellis advised Thoma Bravo and TRADER Corporation, operator of Canada's leading online automotive marketplaces, on the sale of TRADER Corporation to AutoScout24, the leading pan-European online automotive marketplace. In conjunction with this acquisition, funds affiliated with existing majority shareholder Hellman & Friedman will make a meaningful incremental equity investment in AutoScout24. The transaction is expected to close in the fourth quarter of 2024.

Read the transaction press release

The Kirkland team was led by corporate partners Brad Reed, Cole Parker and Angela Oldham and associate Madison Kavanaugh; debt finance partners Brian Ford, Lee Discher, Kirsteen Nicol and Suroop Kandola; tax partners Adam Kool and Steven Cantor; technology & IP transactions partner Aaron Lorber and associate Jessie Perlman; and antitrust partners Dan Zach and Chuck Boyars.