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.

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
Michael Koch and Julie Rosenthal are noteworthy for their support in contentious matters, offering a combination of behavioural expertise and experience in class actions. — The Legal 500 Canada
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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