AutoTrader (Trader Corporation) was founded in 1975 in
Etobicoke,
Ontario. The company was known for its
AutoTrader magazine, which was published under different names depending on the geographic region. In 1987, AutoTrader was acquired by John MacBain, founder, president, and CEO of Trader Classified Media. Trader Classified Media included over 500 print titles and 57 internet sites in 20 countries. Trader Classified Media went public in 2000 and was publicly traded on
NASDAQ and the
Euronext Paris Stock Exchange. Trader Corporation was formed in June 2006 with the integration of Classified Media (Canada) Holdings Inc. (more commonly known as Trader Canada) and Trader Media Corporation. The two companies were acquired by
Yellow Pages Income Fund from Trader Classified Media that same year. Yellow Pages purchased Classified Media (Canada) Holdings Inc. for $760 million and Trader Media Corporation for $436 million. In July 2010, Trader Corporation acquired CanadianDriver.com, which offered Canada-focused automotive reviews and resources. The site was rebranded as Autos.ca. Yellow Pages sold its Trader Corporation division in March 2011 to London-based
private equity firm
Apax Partners for $745 million. Apax Partners previously purchased a 49.9% stake in U.K.-based Trader Media Group in 2007, and acquired the remaining 50.1% in 2014. In June 2012, Trader Corporation stopped publishing the AutoTrader magazine and several of its other magazines and pushed a move towards online car advertising. In 2016, Apax sold Trader Corporation to Thoma Bravo for C$1.57 billion (US$1.22 billion). In the same year, editorial content was moved to the AutoTrader.ca domain; Autos.ca has been put into maintenance mode. Since 2017, the company has awarded the best cars in each segment in Canada. In March 2018, Convertus announced a partnership with Trader Corporation. In May 2018, Trader Corporation announced a strategic investment in DealerBreacher, a digital advertising services company based in Montreal. The company announced its first Editor-in-Chief, Jodi Lai, in November 2019. In June 2019, Trader Corporation acquired
Quebec digital marketplace LesPac. In January 2020, Trader Corporation invested in Motoinsight, a provider of digital retailing solutions for the automotive industry. In May 2020, AutoTrader.ca added online transaction capabilities and allowed Canadian users to purchase cars on the website. In June 2021, Trader Corporation invested in Activix, a software development firm that serves automobile dealerships. In February 2022, AutoTrader announced the start of a partnership with digital communications company that specializes in automotive, RAPID RTC. == Activities ==