Particle.news

Download on the App Store

Autodoc Shelves Frankfurt IPO After Second Attempt Falls Short

Persistent geopolitical tensions overshadowed demand for Autodoc’s shares, prompting the Berlin-based retailer and its backers to pause their listing plans.

Image
Image
Image

Overview

  • Autodoc canceled its planned initial public offering after banks signaled that share demand was weak and the allocation price landed in the lower third of the €58–59 range
  • This marks the company’s second aborted IPO after the original 2021 listing was halted due to unfavorable market conditions
  • The offering had been structured to raise about €450 million with a valuation exceeding €2.2 billion
  • Had it proceeded, Autodoc would have been the first new listing in the Deutsche Börse’s Prime Standard segment in 2025
  • Autodoc’s founders and major investor Apollo said they will continue to evaluate a future IPO when market conditions improve