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.