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Thoma Bravo C$1.57 billion acquisition of TRADER

1/7/2016
Private acquisition
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C$ 1.57 billion

Announced

1/7/2016

Overview:

  • Private equity firm Thoma Bravo has acquired TRADER in a C$1.57 billion deal.
  • Fellow private equity firm Apax Partners was the seller.
  • TRADER is the largest online automotive marketplace in Canada.
  • The deal is expected to close in the fourth quarter of 2016.
  • Kirkland & Ellis (Theodore Peto, Bradley Reed) and McMillan (Michael Whitcombe) advised Thoma Bravo.
  • Simpson Thacher & Bartlett advised TRADER and Apax.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdictions:

Canada
United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sectors:

Consumer goods and services
Automotive

Firms:
Kirkland & Ellis

Party: Thoma Bravo (Acquirer)

McMillan

Party: Thoma Bravo (Acquirer)

Simpson Thacher & Bartlett

Party: Apax Partners (Seller)

Party: TRADER (Target)

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