Apax Partners to sell Trader Corp to Thoma Bravo for $1.57 bln: Reuters
British private equity firm Apax Partners LLP said it will sell Trader Corp, a Canadian provider of advertising for automotive dealers, to U.S. peer Thoma Bravo for about $1.57 billion, Reuters reported. The deal is expected to close in the fourth quarter. Trader Corp offers digital advertising tools to automotive dealers and also runs online car marketplaces, including autoTRADER.ca, which generate 13 million visits each month.
3 July 2016•1 min read
