Adevinta Eyes 2026 IPO for Mobile.de
Deal News | Jan 23, 2025 | Aim Group
A consortium led by private equity firms Permira and Blackstone, owners of Adevinta, is reportedly considering a 2026 Initial Public Offering (IPO) for Mobile.de, a leading Germany-based automotive marketplace. This strategic move is part of exploring avenues to unlock value from Adevinta's assets. The details, revealed by Reuters through insiders, underscore Adevinta's ambition in enhancing Mobile.de's market placement and capitalizing on its recognized brand within Germany's lucrative automotive sector. Such an IPO would follow considered evaluations of market conditions and is intended to position Mobile.de for sustained growth in the future, adding to Adevinta's overall portfolio strategy.
Sectors
- Automotive Marketplace
- Private Equity
Geography
- Germany – Mobile.de operates in Germany, making it the geographical focus of the potential IPO and investment strategy plans.
Industry
- Automotive Marketplace – The article discusses Mobile.de, a platform operating in the automotive marketplace sector by facilitating buying and selling of vehicles in Germany.
- Private Equity – Permira and Blackstone, both private equity firms, lead the ownership consortium of Adevinta, exploring financial strategies like IPO for their investments.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Adevinta | Parent/Owner | Company | A technology company that owns Mobile.de, among other assets, involved in considering strategic financial moves such as IPO. |
| Mobile.de | Target Company | Company | A leading automotive marketplace in Germany, which is the subject of potential IPO considerations. |
| Permira | Owner/Investor | Private Equity Firm | Part of the consortium that owns Adevinta, considering strategic financial exits for portfolio companies. |
| Blackstone | Owner/Investor | Private Equity Firm | Another private equity firm in the consortium owning Adevinta, involved in exploring exit strategies for investments. |