AUTODOC SE, Europe's leading online retailer of automotive spare parts and accessories, has announced the placement of a EUR 530 million Term Loan B, its first institutional debt issuance. The transaction also includes a EUR 50 million Revolving Credit Facility (RCF), bringing the total financing package to EUR 580 million. This move optimizes the company's capital structure and positions it for future capital markets activities, including a potential initial public offering (IPO).
The Term Loan B carries an interest rate of EURIBOR +3.50% and has a tenor of 7 years. It has been rated Ba3 with stable outlook by Moody's and B+ with positive outlook by S&P. The RCF, with a tenor of 6.5 years and interest of EURIBOR +3.00%, will serve as a liquidity buffer. Proceeds from the Term Loan B will be used to repurchase shares held by entities owned or controlled by Apollo-managed funds in Autodoc SE and to pay related fees and expenses.
In connection with this transaction, Autodoc Holding SE has been established as the Group's new parent company, with 100% of its shares held by AutoTech GmbH & Co. KG, the investment entity of AUTODOC's founders Alexej Erdle, Max Wegner, and Vitalij Kungel. This streamlined corporate structure supports the company's evolution into an institutionally structured organization.
CEO Dmitri Zadorojnii emphasized the significance of the move: "This transaction is a defining moment for AUTODOC - one that sharpens who we are and how we operate. By implementing this financing structure, we secured public debt supported by a wide range of institutional investors to enable the continued path towards new chapters in the capital markets in the future."
CFO Lennart Schmidt highlighted the financial benefits: "AUTODOC's current net debt-free balance sheet provides a unique opportunity to introduce this market-tested financing framework. This transaction promotes long-term financial flexibility and accelerates shareholder returns without any equity dilution. It also gives us a track record with institutional investors and strengthens our optionality for a potential IPO - which remains on our agenda, with timing dependent on market conditions."
For business leaders, this development signals AUTODOC's readiness for further expansion and potential public listing. The company's entry into institutional debt markets demonstrates its financial maturity and ability to attract sophisticated investors. The optimized capital structure provides flexibility for growth initiatives, including investments in AI capabilities and data-driven decision-making, as part of its vision to become Europe's leading automotive aftermarket tech ecosystem.
AUTODOC, founded in Berlin in 2008, has grown rapidly to become Europe's leading digital pure-play automotive parts platform. As of December 2025, its product assortment included approximately 7.8 million SKUs from around 2,700 brand manufacturers. In 2025, the company generated EUR 1.8 billion in sales revenue, up from EUR 1.6 billion in 2024. It operates online shops in 27 European countries and employs over 5,500 people across 13 locations.
The transaction marks a significant milestone in AUTODOC's long-term growth ambitions and capital markets plans. By securing institutional debt, the company has enhanced its financial flexibility and positioned itself for future opportunities, including a potential IPO when market conditions are favorable. For the industry, AUTODOC's move reflects a broader trend of e-commerce companies leveraging debt markets to fund growth without diluting equity.
