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Current Portfolio

Coches.net

Leading automotive online classifieds player in Spain.

Coches.net supports dealers and consumers in buying and selling vehicles over its online marketplace.

Key Facts
Sector

Technology

Country

Spain

Fund

EQT X

Entry

2026

Website
Coches.net
EQT Responsible Advisor

Carlos Santana

Website

Coches.net

About Coches.net

Founded in 1997, Coches.net is a leading automotive online classifieds platform in Spain, helping professional dealers and private sellers showcase inventory and connect with in-market buyers. The platform offers dealer tools and subscription packages designed to generate qualified leads, as well as adjacent products such as seller leads and car financing solutions. Milanuncios, a well-known horizontal marketplace in Spain, complements Coches.net offering.

Market trends and drivers

Car buying journeys continue to move online, with dealers increasingly shifting to channels that deliver attractive and measurable ROI. As competition for consumer attention intensifies, online visibility becomes more valuable, supporting sustained growth in automotive classifieds. These dynamics, among others, support attractive long-term fundamentals.

Investment potential

EQT will back Coches.net and Milanuncios by accelerating product innovation and investment in AI-driven capabilities that elevate both dealer performance and the consumer experience. Leveraging EQT’s proven classifieds playbook, we will partner closely with management to sharpen go-to-market execution, expand high-value adjacent services, and further cement Coches.net as the top-of-mind automotive marketplace in Spain. Additionally, the carve-out execution from Adevinta Group provides a unique opportunity to embed operational excellence building a fully standalone platform with streamlined processes, and adequate agility to support sustainable long-term growth.

Board of directors

Chairperson

Malte Krüger

Board member

Patricia Lobringer

Board Member

Joao Eça

Management

CEO

João Eça

Do You Want to Know More?

We are eager to explore how we can achieve great things together.