WTS Advisory advised kfzteile24 on the refinancing process by UniCredit and KfW
DEAL NEWS
Munich, January 16, 2025 - WTS Advisory GmbH (“WTS Advisory”) has prepared a vendor financial due diligence for kfzteile24, a leading omnichannel platform in the automotive aftermarket, as part of a refinancing of the kfzteile24 Group by the two newly acquired banking partners Unicredit and KfW.
The financing package creates the basis for the strategic and sustainable further development of the kfzteile24 Group and opens up new opportunities to expand the range of products and services for commercial and private customers in a targeted manner. As the leading banking partner, UniCredit will assume the role of principal bank in the future, while KfW will provide support in particular through a loan program for innovative scale-ups to finance growth.
About kfzteile24
kfzteile24 is Germany's best-known brand for car components and accessories. The Berlin-based omnichannel company includes the successful online stores kfzteile24.de and autoteile24.de, as well as its own branches and open-brand master workshops. The company, which was founded in 2001, also operates internationally under the carpardoo brand. The range includes over 3 million products, including original spare parts from well-known brands. The company dispatches around 10,000 parcels every day and delivers to commercial customers in eastern Germany on the same day for orders placed before 2 pm. Customers can get advice from qualified automotive experts in their search for the right component.
About WTS Advisory
WTS Advisory is an independent, innovative solution provider for goal-oriented consulting and active operational support for companies along the entire CFO agenda. This includes solutions ranging from external reporting, optimization of the finance department, governance, risk & compliance issues to M&A and transaction advisory.
WTS Advisory is part of WTS, a global full-service provider for tax advisory services and financial & deal advisory. WTS is represented at 13 locations in Germany and in more than 100 countries worldwide.
The Deal Advisory division of WTS Advisory & WTS offers integrated advice on financial (WTS Advisory) and tax (WTS) aspects along the entire transaction process. The WTS Advisory M&A strategy and deal advisory team supports corporate transactions, for example in the form of financial due diligence investigations and other M&A buy-side and sell-side services as well as valuation services such as expert and indicative company valuations, fairness opinions, purchase price allocations, impairment tests and post-deal implementation.
Contact
Thomas Kupke, Deal Advisory
Friedenstraße 22
81671 Munich, Germany
T: +49 (0) 89 28646-2725
M: +49 (0) 151 11181132
thomas.kupke@wts.de
www.wts-advisory.de
Your contact to us
Do you have any questions about our services or WTS Advisory? We look forward to your message or your call!
