Autodoc: IPO in the Prime Standard of the Frankfurt Stock Exchange
Autodoc, Europe’s largest online retailer of auto parts, plans an IPO in the Prime Standard of the Frankfurt Stock Exchange in the second quarter of 2025. This step marks a significant milestone in the company’s development and is the first IPO in the Prime Standard this year.
Background and Motivation
The IPO is part of a strategic alignment to increase the company’s visibility, expand free float, and improve the trading liquidity of the shares. Autodoc has already established a strong market position in Europe, offering over 6.7 million products from 2,500 brands in 27 countries. The IPO is being accompanied by renowned banks such as Barclays, Citigroup, Deutsche Bank, and Jefferies, who will act as Joint Global Coordinators.
Financial Situation and Growth
Since 2022, Autodoc has recorded impressive growth of 17.5% CAGR in its revenue. The company benefits from support from financial investor Apollo Global Management, which entered with a minority stake in spring 2024, raising the company’s valuation to 2.3 billion euros. The IPO will not serve to raise fresh capital for the company but will offer existing shares from the holdings of Apollo and the company founders.
B2B Expansion and Future Prospects
An important growth driver for Autodoc is the expansion of its B2B division, AUTODOC PRO. This division has rapidly developed since its launch in France in 2022 and is now active in several European countries. Revenue from AUTODOC PRO rose from 18 million euros in 2023 to 68 million euros in 2024, representing an increase of 280%. Autodoc plans to expand its presence in additional markets and venture into new categories like electric car parts and tools.
Investor Interest
The IPO of Autodoc is interesting for investors since the company has a strong market position in a growing market and is scalable through its digital platform. The combination of strong finances, strategic support, and growth potential makes Autodoc an attractive investment. However, the company’s valuation remains a critical factor for the success of the IPO.