December 12, 2024

TRADER Corporation acquired by AutoScout24

Goodmans LLP acted as Canadian regulatory counsel for TRADER Corporation in connection with its acquisition by AutoScout24 (a portfolio company of Hellman & Friedman) from Thoma Bravo.

TRADER Canada operates Canada's leading online automotive marketplaces, and is a trusted Canadian leader in online media, dealership and OEM software, and lender services.

The transaction will extend AutoScout24’s presence outside of Europe and strengthens its position as a leading global online automotive marketplace. The transaction also expands AutoScout24's service offering into automotive dealer software and lender solutions through TRADER Canada's leading offerings.

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Clients note, "David Rosner goes out of his way to meet his clients' needs while lightening the load by providing understandable advice." — Chambers Canada
Goodmans operates a well-respected antitrust and foreign investment practice, with particular expertise in domestic and cross-border merger review files. — Chambers Canada
On group head David Rosner, interviewees noted: "David is a gem of an asset." and "He has both political and legal knowledge, as well as deep bureaucratic and administrative knowledge." — Chambers Canada
The group advises on a range of competition law matters, including Competition Act merger reviews, issues arising from the Investment Canada Act and litigation. — The Legal 500 Canada
Practice head David Rosner leads from Toronto and handles the gamut of competition matters, with a particular focus on complex mergers involving regulated industries and multiple jurisdictions. — The Legal 500 Canada
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Part of the firm’s fully integrated corporate practice, Goodmans LLP's competition team provides merger control support to major companies. — The Legal 500 Canada

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