Autoscout24 sold for 2.9bn to Hellman&Friedman

Europe’s leading online used car sales platform will soon have a new owner. The American private equity company Hellman & Friedman has entered into a definitive agreement to acquire Autoscout24 from its parent company Scout24.

With over 10 million monthly users, 2.5 million cars listed and 45,000 car dealer customers, AutoScout24 is the leading online car classifieds platform in Europe. The company is based in Munich and has a presence in 18 countries.