AUTODOC Secures EUR 530 Million Term Loan B, Marks Debut in Institutional Debt Markets

AUTODOC, Europe's leading online retailer of automotive spare parts and accessories, has announced the successful placement of a EUR 530 million Term Loan B, marking its debut in institutional debt markets. The transaction, part of a broader financing package totaling EUR 580 million, includes a EUR 50 million Revolving Credit Facility (RCF). The Term Loan B carries interest of EURIBOR +3.50%, has a 7-year tenor, and was 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.

This move represents a significant step in AUTODOC's capital structure evolution. According to CEO Dmitri Zadorojnii, '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.'

The proceeds from the Term Loan B are expected to fund the repurchase of shares held by entities owned or controlled by Apollo-managed funds in Autodoc SE, as well as pay related fees and expenses. CFO Lennart Schmidt highlighted the strategic 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.'

In connection with the 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 three founders: Alexej Erdle, Max Wegner, and Vitalij Kungel. The streamlined corporate structure supports 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 into one of Europe's most exciting e-commerce companies. As of December 2025, its product assortment comprised around 7.8 million SKUs from approximately 2,700 brand manufacturers, including car, truck, and motorcycle parts, tires, tools, accessories, oils, liquids, and consumables. In 2025, AUTODOC generated sales revenue of EUR 1.8 billion, up from EUR 1.6 billion in 2024. The company operates online shops in 27 European countries and employs more than 5,500 people across 13 locations.

This debut in institutional debt markets signals AUTODOC's readiness for further capital markets activities, potentially including an initial public offering. For the Texas business landscape, AUTODOC's success underscores the importance of strategic financial management and institutional investor confidence in driving growth and innovation in the automotive aftermarket sector. The transaction demonstrates how companies can leverage debt markets to optimize capital structures and fuel expansion without diluting equity, a model that could inspire similar moves by Texas-based automotive and e-commerce firms.