AUTODOC, Europe's leading online retailer of automotive spare parts and accessories, has announced the placement of a EUR 530 million Term Loan B, marking its debut in institutional debt markets. The transaction, part of a broader EUR 580 million financing package that includes a EUR 50 million Revolving Credit Facility, represents a major milestone in the company's capital structure evolution and long-term growth ambitions.
According to the company, the Term Loan B carries an interest rate of EURIBOR +3.50% and has a seven-year tenor. It was rated Ba3 with stable outlook by Moody's and B+ with positive outlook by S&P. The accompanying Revolving Credit Facility, with a 6.5-year tenor and interest of EURIBOR +3.00%, will serve as a liquidity buffer. The proceeds from the Term Loan B will be used to fund the repurchase of shares held by entities owned or controlled by Apollo-managed funds in Autodoc SE and to pay related fees and expenses.
Dmitri Zadorojnii, CEO of AUTODOC, described the transaction as a defining moment for the company. "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," he said. "We are entering this next chapter as a lean, highly focused, better prepared company and we are doing so with the balance sheet and governance framework to back it up."
Lennart Schmidt, CFO of AUTODOC, highlighted the strategic benefits of the transaction. "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," he stated. "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."
In connection with the transaction, Autodoc Holding SE has been established as the Group's new parent company, with 100 percent of its shares held by AutoTech GmbH & Co. KG, the investment entity of AUTODOC's three founders Alexej Erdle, Max Wegner and Vitalij Kungel. The streamlined corporate structure is intended to support AUTODOC's long-term vision of becoming Europe's leading automotive aftermarket tech ecosystem, combining advanced AI capabilities, data-driven decision-making, and an enhanced digital experience for customers and professional partners.
Founded in Berlin in 2008, AUTODOC has grown rapidly to become one of Europe's most exciting e-commerce companies. As of December 31, 2025, its product assortment comprised around 7.8 million SKUs from approximately 2,700 brand manufacturers. In 2025, the company generated sales revenue of EUR 1.8 billion, up from EUR 1.6 billion in 2024. AUTODOC operates online shops in 27 European countries and employs more than 5,500 people across 13 locations.
The successful placement of the Term Loan B underscores AUTODOC's ability to access institutional capital markets and provides a foundation for future growth. As the company continues to build its automotive tech ecosystem, this financing move positions it for potential capital markets activities, including a possible IPO, while maintaining financial flexibility.
