- kfzteile24 is based in Berlin, Germany
- EQT Private Equity acquired kfzteile24 from its founders in 2015
- EQT is a global investment organisation with €119bn in assets under management
EQT Private Equity has sold kfzteile24 to an investment consortium consisting of the company’s management, Project A Ventures, Koehler Group, and a group of technology investors (SB21).
kfzteile24 is an ecommerce platform for automotive spare parts and accessories in Germany. The company is headquartered in Berlin, Germany.
The transaction was completed on 20 April.
EQT Private Equity, via EQT Mid-Market fund, invested in kfzteile24 in October 2015.
kfzteile24 made substantial investments in its digital platform and logistics infrastructure during EQT’s ownership, according to a release.
kfzteile24 also expanded its online offering from around one million to around three million products, grown its B2B customer base, and initiated international expansion, the release added.
EQT Private Equity invests in healthcare, technology, services, and industrial technology sectors.
EQT is a global investment organisation with €119 billion in assets under management. The firm is based in Stockholm, Sweden.