What does AutoScout24 do?
AutoScout24 is the largest pan-European online car market for new and used cars. Its platform serves over 30 million users per month and is available in 18 different languages. It offers private customers, dealers, and manufacturers a marketplace for trading cars online. Majority-owned by private equity firm Hellman & Friedman, AutoScout24 is a top 3 auto vertical in several European countries, including Spain, Germany, Italy, the Netherlands and Belgium.
What is the credit rating of AutoScout24?
Fitch Affirms Speedster Bidco GmbH (AutoScout24) at ‘B’ on Trader Acquisition. Fitch Ratings – Frankfurt am Main – 07 Oct 2024: Fitch Ratings has affirmed Speedster Bidco GmbH’s (AutoScout24; AS24) Long-Term Issuer Default Rating (IDR) at ‘B’. Fitch Affirms Egypt at ‘B’; Outlook Stable. Fitch Ratings – London – 11 Apr 2025: Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary.