Bain Capital will float Autodis, its Paris-headed vehicle parts distributor on Euronext Paris.
Autodis hopes to raise between €350m and €400m through the IPO. The transaction will value the business at approximately €1.2bn, a person familiar with the matter told Real Deals.
Autodis sells spare parts for cars and trucks in western Europe – mainly France, the Benelux nations and Italy – from around 330 distribution sites. It also offers its customers sales-related services and digital tools.
The company generated revenues of approximately €1.3bn in 2017.