Germany-based Autodoc announces minority investment by Apollo Funds

The investment has valued the company at €2.3 billion, and the funding will support Autodoc’s expansion into the B2B sector

Berlin-based Autodoc SE, an auto parts e-commerce platform, has announced that global alternative asset manager Apollo has led a minority equity investment alongside leading institutional investors at a valuation of €2.3 billion, according to a press release dated May 3.