Like instaVIN

closed 6/1/2015 via Market Wire

KAR Auction Services, Inc., acquired instaVIN

synopsis: KAR Auction Services, Inc., a provider of used vehicle auction services, acquired MobileTrac, which is doing business as instaVIN. MobileTrac provides retail and wholesale car buyers with instaVIN's vehicle history reports as well as the instaLEAD and instaDEAL technology in which automotive dealers can attract and structure retail transactions.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc. operates used vehicle auction services for North American sellers and buyers. KAR offers leading online auction platforms to provide greater access for customers. KAR's complementary businesses provide support, technology and logistics for the used vehicle industry. "
target: instaVIN
MobileTrac dba instaVIN specializes in tools, utilities and data services for consumers, automotive dealers and brokers, and other commercial users involved in the used vehicle market in the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/15/2013 via BusinessWire

IHS, Inc., acquired R. L. Polk & Co

synopsis: IHS Inc., the leading global source of critical information and analytics, has completed its acquisition of R.L. Polk & Co, a recognized leader in the automotive information industry. R.L. Polk & Co. consists of two divisions that provide actionable market intelligence, powerful tools and analytics and extensive vehicle history information.
buyer: IHS, Inc. (INFO:$4,449.00)
IHS Inc. is the leading source of information in critical areas that shape today’s business landscape: energy and power; design and supply chain; defense, risk and security; environmental, health and safety and sustainability; country and industry forecasting; and commodities, pricing and cost. "
target: R. L. Polk & Co
R. L. Polk is the premier provider of automotive information and marketing solutions. Polk collects and interprets global data and provides extensive automotive business expertise to help its clients understand their market position, identify trends, build brand loyalty, and conquer new business.
price ($mm)[EV]
$1,403 [$1,403]
rev ($mm)
$403
EBITDA ($mm)
$94
EV / rev
3.5x
EV / EBITDA
14.9x
closed 7/15/2020 via BNC Analysis

Independent News & Media PLC, acquired Cartell.ie

synopsis: Independent News & Media (INM), the leading newspaper and online publisher in Ireland, has acquired Cartell.ie, an automotive data supplier in Ireland. Cartell.ie provides reliable car history check to consumers and dealers. Their platform allows users to get the complete vehicle history of any Irish or UK car once they have the registration.
buyer parent: Mediahuis NV
buyer: Independent News & Media PLC (ISE:IPD:$214.78)
Independent News & Media (INM) is the leading newspaper and online publisher in Ireland. INM is vertically integrated with print and distribution assets, and is the largest wholesale distributor of newspapers and magazines on the island. "
target: Cartell.ie
Cartell.ie is Ireland's first and most comprehensive automotive data supplier. Cartell.ie provides reliable car history check to consumers and dealers. Their platform allows users to get the complete vehicle history of any Irish or UK car once they have the registration.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2019 via Company Press Release

Auto Trader Group plc, acquired KeeResources Ltd.

synopsis: Auto Trader Group plc, the UK’s largest automotive marketplace, announces the acquisition of KeeResources Limited.    Founded in 2000, KeeResources is a trusted provider of software solutions, data and services to the automotive industry, including a detailed vehicle taxonomy dataset for new and used cars.
buyer: Auto Trader Group plc (LSE:AUTO:$368.90)
Auto Trader Group plc is the UK and Ireland’s largest digital automotive marketplace. They specialise in new and second hand automotive sales, including cars sold by private sellers and trade dealers. They help vehicle retailers compete effectively on the marketplace in order to sell more vehicles. "
target: KeeResources Ltd.
KeeResources, established in 2000, is a trusted provider of software, vehicle data, and digital solutions to the automotive industry. Their data powers systems, websites and apps for many of the automotive industries biggest brands, including vehicle manufacturers, dealer groups and media owners.
price ($mm)
rev ($mm)
$7
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 11/20/2014 via PR Newswire

Solera Holdings, Inc., acquired CAP Automotive

synopsis: Solera Holdings, Inc., a leading provider of risk and asset management software and services to the automotive and property marketplace, including the P&C insurance industry, announced that it has acquired CAP Automotive. CAP is a leading provider of real-time, high-accuracy valuations and specifications for new and used vehicles in the UK.
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is a leading provider of risk and asset management software and services to the automotive and property marketplace, including the global P&C insurance industry. Solera is active in over 70 countries across six continents with companies including: Audatex, HPI, CarweB, Informex and many more."
target parent: Montagu Private Equity
target: CAP Automotive
CAP Automotive is a leading provider of real-time, high-accuracy valuations and specifications for new and used vehicles in the UK. CAP's solutions provide pricing transparency for vehicle transactions and enable buyers and sellers of vehicles to make accurate pricing decisions.
price ($mm)
$423
rev ($mm)
EBITDA ($mm)
$27
EV / rev
EV / EBITDA
15.8x
closed 5/3/2012 via BNC Analysis

Montagu Private Equity, acquired CAP Motor Research Ltd

synopsis: Top Right Group, the company formerly known as Emap, has sold its automotive information business CAP Motor Research Ltd to Montagu Private Equity. CAP, established in 1979, is a market leading provider of vehicle valuation data, new vehicle information and business solutions to the automotive industry.
buyer: Montagu Private Equity
Montagu Private Equity is a private investment firm specializing in middle market management buyouts and other private equity deals. The firm invests in most industries but does not invest in start-ups, rescues, or where the primary purpose of the investment is technology development. "
target parent: Apax Partners
target: CAP Motor Research Ltd
CAP Motor Research Ltd is a market leading provider of vehicle valuation data, new vehicle information and business solutions. Their customers include the majority of leading finance institutions, contract hire & leasing companies, vehicle retail groups and insurance companies.
price ($mm)
$283
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/13/2016 via BNC Analysis

Cox Automotive, Inc., will acquire Molicar

synopsis: Cox Automotive™, a leading provider of digital marketing, software, financial, wholesale and e-commerce solutions across the automotive industry, is expanding its global footprint by acquiring a majority shareholding in Molicar, the market-leading Brazilian vehicle valuations business.
buyer parent: Cox Enterprises Inc.
buyer: Cox Automotive, Inc.
Cox Automotive is a leading provider of vehicle remarketing services and digital marketing and software solutions for consumers, dealers, manufacturers and the overall automotive industry. Headquartered in Atlanta, Cox Automotive employs nearly 24,000 employees in over 150 locations worldwide. "
target: Molicar
Based in Sao Paulo, Molicar is widely acknowledged as setting the industry standard for valuations in Brazil. Molicar currently facilitates around 13 million vehicle valuations a year and has a vehicle catalog that contains 22,000 different models and prices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/11/2005 via PR Newswire

DealerTrack, Inc., acquired Chrome Systems Corporation, Inc.

synopsis: DealerTrack Holdings, Inc. today announced that it has acquired substantially all of the assets of Chrome Systems Corporation. Chrome Systems, based in Portland, Oregon, is a provider of vehicle configuration data and related software to the automotive retail industry.
buyer: DealerTrack, Inc. (TRAK:$993.05)
DealerTrack’s intuitive and high-value software solutions enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, agents and aftermarket providers. "
target: Chrome Systems Corporation, Inc.
Founded in 1986, Chrome Systems Corporation is the only independent provider of automotive data and software for selling vehicles online. Chrome pioneered the technology behind electronic vehicle configuration, providing an alternative to unwieldy and often outmoded auto manufacturer data sourceboo
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2015 via Market Wire

KAR Auction Services, Inc., acquired Autoniq

synopsis: KAR Auction Services, Inc., a provider of used vehicle auction services, has acquired Autoniq. Autoniq provides real-time information such as vehicle pricing, history reports and market guides to dealers. Its mobile app allows used-car dealers to scan VINs on mobile devices, view auction run lists and access vehicle history reports instantly.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc. operates used vehicle auction services for North American sellers and buyers. KAR offers leading online auction platforms to provide greater access for customers. KAR's complementary businesses provide support, technology and logistics for the used vehicle industry. "
target: Autoniq
Autoniq provides mobile solutions to the automotive industry. Autoniq provides critical, real time decision making information to automobile dealers by taking advantage of the disruptive nature of broadband connected Smartphones and other media.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2019 via PE Hub

Diversis Capital, Stage 1 Ventures, acquired PureCars

synopsis: Private equity and venture capital firms Diversis Capital, LLC, and Stage 1 Ventures, LLC has acquired PureCars from Raycom Media, one of America's largest privately owned media companies. PureCars is a leader in marketing automation and business intelligence for the automotive industry.
buyer: Diversis Capital
buyer: Stage 1 Ventures
Diversis Capital, LLC is a private equity firm that invests in lower and middle-market companies. Stage 1 Ventures is an early stage venture capital firm that is seeking to build partnerships with great entrepreneurs that are flexible and who want to build meaningful companies. "
target parent: Gray Television, Inc.
target: PureCars
PureCars is a data-driven technology company founded on providing automotive dealers with industry-leading marketing automation and services. PureCars provides marketing automation and business intelligence solutions that help dealerships drive deeper, longer term success for their business.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/28/2015 via PR Newswire

Raycom Media, Inc., acquired PureCars

synopsis: Raycom Media, one of the nation's largest privately-held broadcasters and operates 51 television stations in 38 markets across 19 states, announced its acquisition of PureCars, the leading digital advertising platform for the automotive industry.
buyer: Raycom Media, Inc.
Raycom Media is one of the nation's largest privately owned broadcasters and owns and/or provides services for 51 television stations in 38 markets and 19 states. Raycom Media stations cover over 13.2% of U.S. television households and employ over 4,200 individuals in full and part-time positions. "
target: PureCars
PureCars has become the leading digital advertising platform for the automotive industry. PureCars' platform suite offers various marketing solutions to drive high-probability buyers to a dealer's site, optimize traffic once on their site, and convert those customers in the showroom.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/11/2013 via BNC Analysis

Trade Me Ltd, will acquire MotorWeb Services Ltd

synopsis: Online auction website Trade Me has inked an agreement to buy New Zealand-based motor vehicle information company MotorWeb. They are recognised as a 'one stop shop' for the motor vehicle industry; providing over a dozen online services, quickly and accurately.
buyer parent: Fairfax Media Ltd.
buyer: Trade Me Ltd (NZSE:TME:$171.53)
Trade Me is New Zealand's leading shopping website, with thousands of online auctions and classifieds. The Trade Me community has around 2.5 million active members, and the site has 1.5 million listings. "
target: MotorWeb Services Ltd
MotorWeb is New Zealand’s leading vehicle history check provider, delivering online services to the motor industry and general public for over a decade. They are recognised as a 'one stop shop' for the motor vehicle industry; providing over a dozen online services, quickly and accurately.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
$3
EV / rev
EV / EBITDA
5.2x
closed 1/11/2013 via PE Hub

Avalara, purchased UPC Matrix Master™ from Tax Matrix

synopsis: Avalara, the market leading provider of sales tax and compliance automation services in the cloud, announced it has acquired UPC Matrix Master™, the world’s largest database of Universal Product Codes with specialized sales taxability data. UPC Matrix Master was formerly provided by Tax Matrix LLC.
buyer: Avalara (:$463.44)
Avalara's cloud solutions help thousands of customers stay focused on their core businesses by providing automated end to end compliance services including sales and use tax calculation, exemption certificate management, filing and remittance, and a broad array of related services. "
seller: Tax Matrix
Formerly provided by Tax Matrix LLC, Matrix Master is a patented, multi-state, product taxability database that maintains taxability information for more than 10 million products in thousands of tax jurisdictions across the U.S. The service is widely used by top storefront and ecommerce retailers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/6/2020 via BNC Analysis

Automotive Software Solutions Ltd, acquired Clear Vehicle Data

synopsis: Automotive Software Solutions has announced the acquisition of a majority shareholding in Clear Vehicle Data, a company that provides data services to a diverse range of systems, websites and apps for many of the automotive industries biggest brands, including leasing companies, fleet operators, daily rental, dealer groups and media owners.
buyer: Automotive Software Solutions Ltd
Automotive Software Solutions delivers software products and services to the automotive sector that facilitate business processes and maximize efficiency in the value chain. They do this by working with their technology partners to market best in class software products. "
target: Clear Vehicle Data
Clear Vehicle Data, established in 2013, provides data services to a diverse range of systems, websites and apps for many of the automotive industries biggest brands, including leasing companies, fleet operators, daily rental, dealer groups and media owners.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/7/2012 via PR Newswire

Solera Holdings, Inc., acquired CarweB Limited

synopsis: Solera Holdings, Inc., the leading global provider of software and services to the automobile insurance claims processing industry, announced that it has acquired 100% of the outstanding shares of CarweB Limited. CarweB is a provider of vehicle history and vehicle-specific technical data products and services to the UK market.
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 60 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries. "
target: CarweB Limited
CarweB is a provider of vehicle history and vehicle-specific technical data products and services to the UK market. Their customers include parts suppliers, collision and service repair shops, automobile dealerships, manufacturers, insurers, financial institutions and consumers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2015 via Market Wire

KAR Auction Services, Inc., acquired instaVIN

synopsis: KAR Auction Services, Inc., a provider of used vehicle auction services, acquired MobileTrac, which is doing business as instaVIN. MobileTrac provides retail and wholesale car buyers with instaVIN's vehicle history reports as well as the instaLEAD and instaDEAL technology in which automotive dealers can attract and structure retail transactions.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc. operates used vehicle auction services for North American sellers and buyers. KAR offers leading online auction platforms to provide greater access for customers. KAR's complementary businesses provide support, technology and logistics for the used vehicle industry. "
target: instaVIN
MobileTrac dba instaVIN specializes in tools, utilities and data services for consumers, automotive dealers and brokers, and other commercial users involved in the used vehicle market in the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/9/2020 via Company Press Release

KAR Global, will acquire BacklotCars

synopsis: KAR Global, a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide, will acquire BacklotCars Inc., a leading online marketplace for auto dealers. BacklotCars enables auto dealers, auto finance, and rental car companies to transact without having to go to physical auctions.
buyer: KAR Global (KAR:$2,437.70)
KAR Global is a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide. Their diverse team helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles. "
target: BacklotCars
BacklotCars is a leading online marketplace for auto dealers. BacklotCars enables auto dealers, auto finance, and rental car companies to transact without having to go to physical auctions. Their platform and mobile app allows users to view inspections, make offers and buy from anywhere 24/7.
price ($mm)
$425
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/28/2018 via Company Press Release

KAR Auction Services, Inc., will acquire CarsOnTheWeb

synopsis: KAR Auction Services, a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide, will acquire CarsOnTheWeb (COTW) from Vortex Capital Partners, a venture capital firm in the Netherlands. COTW is a European online used car auction exclusively for professional car dealers and traders (B2B).
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services is a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide. Their diverse team helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles. "
target parent: Vortex Capital Partners
target: CarsOnTheWeb
CarsOnTheWeb (COTW) is a European online used car auction exclusively for professional car dealers and traders (B2B). COTW provides a straightforward and transparent bidding platform with a top-quality selection of used cars: demonstrators, leasing cars, overstocked cars, vans and light trucks.
price ($mm)
$104
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/21/2018 via BNC Analysis

KAR Auction Services, Inc., acquired Clearplan, Inc.

synopsis: KAR Auction Services, a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide, has acquired Clearplan, a digital platform that provides recovery agents, drivers, forwarders and automotive lenders a mobile, cloud-based hub for repossession workflow and logistics management.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services is a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide. Their diverse team helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles. "
target: Clearplan, Inc.
Clearplan is a digital platform that provides recovery agents, drivers, forwarders and automotive lenders a mobile, cloud-based hub for repossession workflow and logistics management. Clearplan enables real-time communication to more efficiently list, log and track vehicle recovery activity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/7/2018 via Reuters

KAR Auction Services, Inc., acquired STRATIM Systems Incorporated

synopsis: KAR Auction Services Inc., a leading U.S. operator of car auction and salvage services, has acquired fleet management software company STRATIM Systems. STRATIM builds software for transportation companies to modernize operations. STRATIM's intelligent logistics platform virtualizes operations and gets them working together intelligently.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc., a FORTUNE® 1000 company, operates used vehicle auction services for North American sellers and buyers worldwide. the KAR group of companies is comprised of ADESA, Inc., Insurance Auto Auctions, Inc., Automotive Finance Corporation, Inc. and additional business units. "
target: STRATIM Systems Incorporated
STRATIM Systems is a fleet management software company. STRATIM builds software for transportation companies to modernize operations, unify systems and ensure high vehicle up-time. STRATIM's intelligent logistics platform virtualizes operations and gets them working together intelligently.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2017 via GlobeNewswire

KAR Auction Services, Inc., acquired DRIVIN

synopsis: KAR Auction Services, Inc. announced the acquisition of CarCo Technologies, Inc., d/b/a DRIVIN. DRIVIN aggregates automotive retail, pricing, registration and other market and economic data from a variety of public and proprietary sources. The insights generated from that data are deployed to help customers buy, sell and source vehicles.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services provides sellers and buyers across the global wholesale used-vehicle industry with innovative, technology-driven remarketing solutions. KAR’s unique end-to-end platform supports whole car, salvage, financing, logistics and other ancillary and related services. "
target: DRIVIN
CarCo Technologies, Inc., d/b/a DRIVIN, aggregates automotive retail, pricing, registration and other market and economic data from a variety of public & proprietary sources. The insights generated from that data are deployed to help customers buy, sell and source vehicles more intelligently.
price ($mm)
$43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2016 via BNC Analysis

KAR Auction Services, Inc., acquired GRS Remarketing Limited

synopsis: KAR Auction Services, a provider of end-to-end vehicle remarketing services, announced that the company has acquired GRS Remarketing Limited (GRS), a subsidiary of Greenhous Group Limited. GRS s is at the forefront when it comes to de-fleeting vehicles and distributing them discreetly into the market.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc., a FORTUNE® 1000 company, operates worldwide vehicle auction services and provides related services. The KAR group of companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAA), Automotive Finance Corporation (AFC), and additional business units. "
target parent: Greenhous Group Limited
target: GRS Remarketing Limited
As pioneers of vehicle remarketing in the UK, grs is at the forefront when it comes to de-fleeting vehicles and distributing them discreetly into the market. They remarket vehicles on behalf of some of the largest manufacturers, fleets and leasing companies in the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2015 via Market Wire

KAR Auction Services, Inc., acquired instaVIN

synopsis: KAR Auction Services, Inc., a provider of used vehicle auction services, acquired MobileTrac, which is doing business as instaVIN. MobileTrac provides retail and wholesale car buyers with instaVIN's vehicle history reports as well as the instaLEAD and instaDEAL technology in which automotive dealers can attract and structure retail transactions.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc. operates used vehicle auction services for North American sellers and buyers. KAR offers leading online auction platforms to provide greater access for customers. KAR's complementary businesses provide support, technology and logistics for the used vehicle industry. "
target: instaVIN
MobileTrac dba instaVIN specializes in tools, utilities and data services for consumers, automotive dealers and brokers, and other commercial users involved in the used vehicle market in the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2015 via Market Wire

KAR Auction Services, Inc., acquired Autoniq

synopsis: KAR Auction Services, Inc., a provider of used vehicle auction services, has acquired Autoniq. Autoniq provides real-time information such as vehicle pricing, history reports and market guides to dealers. Its mobile app allows used-car dealers to scan VINs on mobile devices, view auction run lists and access vehicle history reports instantly.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc. operates used vehicle auction services for North American sellers and buyers. KAR offers leading online auction platforms to provide greater access for customers. KAR's complementary businesses provide support, technology and logistics for the used vehicle industry. "
target: Autoniq
Autoniq provides mobile solutions to the automotive industry. Autoniq provides critical, real time decision making information to automobile dealers by taking advantage of the disruptive nature of broadband connected Smartphones and other media.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2011 via BusinessWire

ADESA, Inc., acquired Open Lane, Inc.

synopsis: KAR Auction Services, Inc. has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wholesale vehicles.
buyer parent: KAR Auction Services, Inc.
buyer: ADESA, Inc.
ADESA provides customers with a whole car auction solution. The company serves two main client types: institutional customers and dealers. In addition to its car auction services, ADESA also offers: Repossessions; Marshalling; Transportation and Logistics; and more. "
target: Open Lane, Inc.
OPENLANE, Inc. is an online auction company for automotive dealers to buy and sell wholesale vehicles. It offers end-to-end auto remarketing solutions to auto manufacturers, captive finance companies, lease and daily rental companies, financial institutions and wholesale auto auctions.
price ($mm)
$210
rev ($mm)
$100
EBITDA ($mm)
$13
EV / rev
2.1x
EV / EBITDA
16.2x
closed 4/1/2011 via Company Press Release

KAR Auction Services, Inc., acquired AuctionTrac, LLC

synopsis: KAR Auction Services, Inc., a leading provider of vehicle and salvage auction services in North America, announced the acquisition of AuctionTrac, a company that developed satellite-based, GPS technology for advanced vehicle tracking.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc.'s core business units include ADESA, a wholesale used vehicle operation; Insurance Auto Auctions (IAA), a salvage auto auction company; and Automotive Finance Corporation (AFC), a capital funding source for the used vehicle industry. "
target: AuctionTrac, LLC
AuctionTrac, LLC develops AuctionTrac, a software to the vehicle auction industry for managing auction vehicles. The software includes various features, such as GPS vehicle tracking, driver accountability, VIN explosions, temp labor module, labor cost savings, labor reporting, and rapid deployment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/22/2013 via PR Newswire

Solera Holdings, Inc., will acquire Pusula Otomotiv

synopsis: Solera Holdings, Inc., announced that it has signed a definitive agreement to acquire 100% of the equity interests of Pusula Otomotiv. Pusula's proprietary web platform connects buyers, including total loss vehicle resellers, repair shops and spare parts recyclers, with sellers, insurers and fleet companies that seek to auction total loss vehicles.
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 60 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries. "
target: Pusula Otomotiv
Pusula is a leading provider of vehicle disposition and titling services in Turkey. Pusula's proprietary web platform connects buyers, including total loss vehicle resellers, repair shops and spare parts recyclers, with sellers, insurers and fleet companies that seek to auction total loss vehicles.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/24/2020 via Company Press Release

58.com, will purchase B2B Business from Uxin Limited

synopsis: 58.com Inc., China's largest online classifieds marketplace, announced that it entered into definitive agreements with Uxin Limited, a leading national online used car dealer in China, to purchase certain assets and liabilities related to Uxin's B2B online used car auction business.
buyer: 58.com (WUBA:$2,194.34)
58.com is a Chinese classified ads site, where users can browse or publish rent, make friends, put goods up for sale, find jobs and seek co-operation and other information. Published classified ads, completely free. "
seller: Uxin Limited (UXIN:$535.31)
The acquisition includes certain assets and liabilities related to Uxin's B2B online used car auction business. Uxin is a leading national online used car dealer in China. Uxin’s mission is to enable people to buy the car of their choice, no matter where they are located or what their budget is.
price ($mm)
$105
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/3/2019 via Company Press Release

Alma Media Oyj, acquired Tukkuautot.fi

synopsis: Alma Media, a media company focusing on digital services and publishing, has acquired Tukkuautot.fi., the largest B2B auction platform for used cars in Finland. Tukkuautot.fi serves dealerships, automotive financing and leasing companies, and public corporations that own large fleets of cars.
buyer: Alma Media Oyj (HLSE:ALMA:$270.89)
Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. "
target: Tukkuautot.fi
Tukkuautot.fi is the largest B2B auction platform for used cars in Finland. Tukkuautot.fi serves dealerships, automotive financing and leasing companies, and public corporations that own large fleets of cars. Tukkuautot.fi has delivered 10,000 cars that range in price from €2,000 to €70,000.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 3/7/2019 via Company Press Release

Copart, Inc., acquired Vincent Auto Solutions

synopsis: Copart, a global online vehicle auction company, announced the acquisition of Vincent Auto Solutions (VAS). VAS has been a leader in the remarketing of total-loss and fleet vehicles in the western Kentucky region for over a decade.
buyer: Copart, Inc. (CPRT:$1,873.69)
Copart is a global leader in online vehicle auctions. Their innovative technology and online auction platform links sellers to members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and end users."
target: Vincent Auto Solutions
For over a decade Vincent Auto Solutions has been a leader in the remarketing of total-loss, fleet and damaged vehicles through their proprietary online auction. Registered buyers gain access to their inventory of late-model salvage cars, trucks, ATVs, marine, farm and heavy equipment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2018 via PR Newswire

SouChe, acquired Cheyipai

synopsis: SouChe, a Chinese car trading site that sells used cars from dealerships across China, has acquired Cheyipai, an online used car marketplace in China that allows people to bid on used cars in over 600 cities. Cheyipai provides inspection reports so buyers can view the exact conditions of the vehicle before they place their bid.
buyer: SouChe
SouChe is a Chinese car trading site that sells used cars from dealerships across China. In addition to selling used cars, the company also provides financing for customers to buy new vehicles for a year, which they can then purchase outright, trade in for a new model or hand back. "
target: Cheyipai
Cheyipai is an online used car marketplace in China that allows people to bid on used cars in over 600 cities. Cheyipai provides inspection reports so buyers can view the exact conditions of the vehicle before they place their bid. The company has evaluated and traded over 3 million used cars.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/8/2012 via BNC Analysis

Manheim Auctions, acquired Dealer Auction

synopsis: Manheim has bought Dealer Auction, which is claimed to be the UK’s largest and most successful electronic trade-to-trade vehicle remarketing channel, for an undisclosed multi-million pound sum.
buyer parent: Cox Enterprises Inc.
buyer: Manheim Auctions
With headquarters in Atlanta, GA, Manheim Auctions is the largest and highest volume wholesale automobile auction company in the world. As the industry leader, the company operates more than 115 auction facilities worldwide, and employs more than 35,000 people. "
target: Dealer Auction
Dealer Auction Ltd. operates online auction platform for cars. The company was incorporated in 2008 and is based in Rothley, United Kingdom.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/16/2012 via BNC Analysis

Auction Edge, acquired Auction Pipeline

synopsis: Auction Edge has acquired Auction Pipeline, provider of live auction lane bidding and market reports of the combined inventories of the best independent auto and RV auctions in the nation.
buyer: Auction Edge
Auction Edge is a technology company that advances the independent auto auction community through its suite of industry leading products. EDGE will allow independent auctions, corporate remarketers and dealers to easily transact, manage and conduct business across a standardized online platform. "
target: Auction Pipeline
Auction Pipeline Inc. provides live auction lane bidding and market reports of inventories for independent automobiles and recreational vehicle auctions in the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/12/2009 via PR Newswire

iBidMotors LLC, acquired MonsterMotors.com

synopsis: iBidMotors announced that it has completed its acquisition of Monster Motors, a leading automotive online auction site. The expanded iBidMotors platform now has hundreds of car dealer clients and over 30,000 vehicles available to consumers from coast to coast.
buyer: iBidMotors LLC
iBidMotors is a market and technology leader in online auto auction applications. The company's portfolio of applications has revolutionized the ways that auto dealers can more effectively drive revenue. "
target: MonsterMotors.com
MonsterMotors.com is a leading automotive online auction site.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/14/2005 via BusinessWire

Snap N' Sold Corp., acquired HotAutoWeb

synopsis: Snap N' Sold Corp. announced this morning that it has closed the highly-anticipated acquisition of HotAutoWeb.com. The profitable Snap N' Sold subsidiary has posted sales in excess of $9,665,000 over the past 2.5 years and currently has over $1,000,000 million in listings on eBay.
buyer: Snap N' Sold Corp.
Snap n’ Sold was founded to be more than just a way for individuals, businesses and fundraising organizations to sell merchandise on eBay. They try to encourage the reduction of waste by recycling unwanted items through the re-introduction of the ‘human element’. "
target: HotAutoWeb
HotAutoWeb.com is owned and operated by the Hanold Family of Boise, Idaho. "Spudman" Brian Hanold is a "Career Car Guy" with 30 years of experience in all facets of the Automotive Industry from Master Tech to Management of both Sales and Service Areas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2016 via BNC Analysis

KAR Auction Services, Inc., acquired GRS Remarketing Limited

synopsis: KAR Auction Services, a provider of end-to-end vehicle remarketing services, announced that the company has acquired GRS Remarketing Limited (GRS), a subsidiary of Greenhous Group Limited. GRS s is at the forefront when it comes to de-fleeting vehicles and distributing them discreetly into the market.
buyer: KAR Auction Services, Inc. (KAR:$2,437.70)
KAR Auction Services, Inc., a FORTUNE® 1000 company, operates worldwide vehicle auction services and provides related services. The KAR group of companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAA), Automotive Finance Corporation (AFC), and additional business units. "
target parent: Greenhous Group Limited
target: GRS Remarketing Limited
As pioneers of vehicle remarketing in the UK, grs is at the forefront when it comes to de-fleeting vehicles and distributing them discreetly into the market. They remarket vehicles on behalf of some of the largest manufacturers, fleets and leasing companies in the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/9/2020 via Company Press Release

KAR Global, will acquire BacklotCars

synopsis: KAR Global, a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide, will acquire BacklotCars Inc., a leading online marketplace for auto dealers. BacklotCars enables auto dealers, auto finance, and rental car companies to transact without having to go to physical auctions.
buyer: KAR Global (KAR:$2,437.70)
KAR Global is a global Fortune 1000 company that operates used vehicle auction services for sellers and buyers worldwide. Their diverse team helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles. "
target: BacklotCars
BacklotCars is a leading online marketplace for auto dealers. BacklotCars enables auto dealers, auto finance, and rental car companies to transact without having to go to physical auctions. Their platform and mobile app allows users to view inspections, make offers and buy from anywhere 24/7.
price ($mm)
$425
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/10/2020 via PR Newswire

ESP Auto Auction, acquired TradeHelper

synopsis: ESP Auto Auction, Canada's largest independent auto auction, has acquired a majority stake in TradeHelper, an online dealer to dealer auction platform in Canada. TradeHelper's online auction platform enables dealers and wholesalers to buy or sell all types of vehicles at competitive prices.
buyer: ESP Auto Auction
ESP Auto Auction is Canada's largest independent auto auction. ESP makes it easy for dealers to buy a used vehicle without the hassle of going from dealership to dealership. ESP allows dealers to buy and sell vehicles through their weekly on-site auction or website. "
target: TradeHelper
TradeHelper is an online dealer to dealer auction platform in Canada. TradeHelper's online auction platform enables dealers and wholesalers to buy or sell all types of vehicles at competitive prices. TradeHelper helps users to save time and to trade faster.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2011 via BusinessWire

ADESA, Inc., acquired Open Lane, Inc.

synopsis: KAR Auction Services, Inc. has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wholesale vehicles.
buyer parent: KAR Auction Services, Inc.
buyer: ADESA, Inc.
ADESA provides customers with a whole car auction solution. The company serves two main client types: institutional customers and dealers. In addition to its car auction services, ADESA also offers: Repossessions; Marshalling; Transportation and Logistics; and more. "
target: Open Lane, Inc.
OPENLANE, Inc. is an online auction company for automotive dealers to buy and sell wholesale vehicles. It offers end-to-end auto remarketing solutions to auto manufacturers, captive finance companies, lease and daily rental companies, financial institutions and wholesale auto auctions.
price ($mm)
$210
rev ($mm)
$100
EBITDA ($mm)
$13
EV / rev
2.1x
EV / EBITDA
16.2x
closed 9/12/2006 via BusinessWire

Onlane Group, Inc merged with AutoTradeCenter, Inc.,

synopsis: AutoTradeCenter, Inc. and Onlane Group, Inc. announced the completion of their merger following approvals by both companies' stockholders. Originally announced as a definitive agreement to merge on July 24, 2006, the transaction was finalized on August 14, 2006. The combined company will be named ATC-Onlane Inc., effective immediately.
buyer: AutoTradeCenter, Inc.
AutoTradeCenter, Inc. (ATC) is the leading online auction company for automotive dealers to buy and sell wholesale used vehicles. "
target: Onlane Group, Inc
Founded in 2000, Onlane Group, Inc. (Onlane) is the leading supplier of Internet-based, multi-channel, auto remarketing and inventory procurement solutions that maximize business results for buyers and sellers by matching the right vehicles to the right buyers faster, easier and more efficiently.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/23/2020 via BNC Analysis

SuperBid, acquired AutoArremate S/A

synopsis: Grupo Superbid, an online auction company, announced the acquisition of Auto Arremate, a startup specialized in B2B and C2B transactions in the automotive segment, which operates between independent and multi-brand dealers, distribution networks, car rental companies and fleet owners. 
buyer: SuperBid
For more than 20 years in the market, the Superbid Group has companies that offer technology services and intermediation of capital and consumer goods. The Brazil-based Superbid Marketplace is a digital environment for buying and selling transactions which offers a secure and transparent platform. "
target: AutoArremate S/A
Based in Brazil, Auto Arremate is a startup specialized in B2B and C2B transactions in the automotive segment, which operates between independent and multi-brand dealers, distribution networks, car rental companies and fleet owners.
price ($mm)
$0.92
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/6/2020 via BNC Analysis

Spinny, acquired Truebil

synopsis: Pre-owned cars platform Spinny has acquired smaller rival Truebil. Truebil was founded in 2015 by former Housing.com employees Suraj Kalwani, Ravi Chirania, Shubh Bansal, Rakesh Raman and Shanu Vivek, along with former Fab.com executive Ritesh Pandey and former Rio Tinto official Himanshu Singhal.
buyer: Spinny
Spinny is a dedicated online marketplace for used cars. They are a team of 50+ members who share the vision of establishing transparency and honesty in the pre-owned car market. Each car has to go through a gruelling 200-Points Spinny Inspection process before it gets listed on Spinny. "
target: Truebil
Truebil is a pre-owned cars platform based in India. Truebil was founded in 2015 by former Housing.com employees Suraj Kalwani, Ravi Chirania, Shubh Bansal, Rakesh Raman and Shanu Vivek, along with former Fab.com executive Ritesh Pandey and former Rio Tinto official Himanshu Singhal.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/19/2020 via BNC Analysis

Shriram Automall India Limited, acquired BlueJack

synopsis: Shriram Automall India Limited, an omnichannel auction platform for used cars in India, has acquired BlueJack, an online car selling portal in India. BlueJack provides their clients with immediate payment and takes care of the difficulties of finding a car buyer, RC transfer and loan foreclosure.
buyer parent: CarTrade.com
buyer: Shriram Automall India Limited
Shriram Automall is an omnichannel auction platform for used cars in India. The company conducts over 3,000 bidding events every month through its offline and online platforms. Shriram Automall offers pre-owned commercial vehicles, construction equipment, tractors, two wheelers and more. "
target: BlueJack
BlueJack is an online car selling portal in India. BlueJack enables people to easily and quickly sell their car from the comfort of their home. BlueJack provides their clients with immediate payment and takes care of the difficulties of finding a car buyer, RC transfer and loan foreclosure.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2019 via Company Press Release

Insurance Australia Group, acquired Carbar

synopsis: Insurance Australia Group (IAG), Australia and New Zealand's largest general insurance company, has acquired a majority stake in Carbar, a digital car subscription and trading platform in Australia. Carbar provides an alternative to car ownership, allowing customers to use a car for a recurring fee. Carbar offers SUVs, wagons, sedans, and more.
buyer: Insurance Australia Group (ASX:IAG:$5,122.04)
Insurance Australia Group (IAG) is Australia and New Zealand's largest general insurance company. IAG sells insurance under many leading brands, including CGU, SGIO, Swann Insurance, Lumley Insurance, and more. IAG serves consumer and business customers in Australia and New Zealand. "
target: Carbar
Carbar is a digital car subscription and trading platform in Australia. Carbar provides an alternative to car ownership, allowing customers to use a car for a recurring fee. Carbar offers all types of cars, including SUVs, wagons, sedans, and more. The platform also allows customers to buy cars.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/19/2019 via BNC Analysis

Grupo Supervielle S.A., acquired deautos.com

synopsis: Argentine holding Grupo Supervielle has bought new and used car sales website deautos.com. The acquisition was made by its non-financial services subsidiary Espacio Cordial de Servicios. Deautos.com is the leading portal for the car market in Argentina.
buyer: Grupo Supervielle S.A. (BASE:SUPV:$424.10)
Grupo Supervielle is a universal financial services group headquartered in Argentina with a nationwide presence. The group provides financial services to all segments in the economy, focused on offering inclusive, high quality, and affordable financial products to individuals and corporations. "
target: deautos.com
Deautos.com is a new and used car sales website. Deautos.com is the leading portal for the car market in Argentina. With deautos.com, users can access the best offers for used and new cars, and list their cars for sale.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2019 via BNC Analysis

Acko, acquired vLer Technologies Pvt Ltd

synopsis: Mumbai-headquartered Acko, an insurance technology platform, has acquired vLer Technologies Pvt Ltd, an online car selling startup also headquartered in Mumbai, to get deeper into strengthening its auto insurance offerings.
buyer: Acko
Acko is an insurance technology platform that has built its business on two fronts. First, a direct to consumer offering sells automotive (car and two-wheeler) insurance for consumers. Second, it works with third parties to provide microinsurance products around other companies’ services. "
target: vLer Technologies Pvt Ltd
vLer Technologies Pvt Ltd is an online car selling startup based in Mumbai, India. It provides car buyers a platform through an algorithm-based recommendation system, and dealer negotiations. Besides that it takes care of financing, insurance and other related paperwork after the deal is finalized.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like instaVIN


read more

instaVIN

R. L. Polk & Co

Cartell.ie

KeeResources Ltd.

CAP Automotive

CAP Motor Research Ltd

Molicar

Chrome Systems Corporation, Inc.

Autoniq

PureCars

PureCars

MotorWeb Services Ltd

Tax Matrix

Clear Vehicle Data

CarweB Limited

read more

instaVIN

read more

BacklotCars

CarsOnTheWeb

Clearplan, Inc.

STRATIM Systems Incorporated

DRIVIN

GRS Remarketing Limited

instaVIN

Autoniq

Open Lane, Inc.

AuctionTrac, LLC

read more

Pusula Otomotiv

Uxin Limited

Tukkuautot.fi

Vincent Auto Solutions

Cheyipai

Dealer Auction

Auction Pipeline

MonsterMotors.com

HotAutoWeb

GRS Remarketing Limited

BacklotCars

TradeHelper

Open Lane, Inc.

Onlane Group, Inc

AutoArremate S/A

Truebil

BlueJack

Carbar

deautos.com

vLer Technologies Pvt Ltd

Geography
Matching Companies
Ticker: KAR
 
 
 
 
 
 
 
 
KAR Auction Services, Inc.
KAR Auction Services, Inc.
KAR Auction Services, Inc. operates used vehicle auction services for North American sellers and buyers. KAR offers leading online auction platforms to provide greater access for customers. KAR's complementary businesses provide support, technology and logistics for the used vehicle industry.
year
2020
rev ($mm)
$2,437.70
EBITDA ($mm)
$405.80
EBIT ($mm)
$215.10
Net Income ($mm)
$25.60
Employees
13311
  • drill down
  • watch
Ticker: CPRT
 
 
 
 
 
 
 
 
Copart, Inc.
Copart, Inc.
Copart is a global leader in online vehicle auctions. Their innovative technology and online auction platform links sellers to members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and end users.
year
2019
rev ($mm)
$1,873.69
EBITDA ($mm)
$714.36
EBIT ($mm)
$632.97
Net Income ($mm)
$482.55
Employees
6026
  • drill down
  • watch
Ticker: IAA
 
 
 
 
 
 
 
 
Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc.
IAA, Inc. is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes approximately 2.5 million total-loss, damaged, and low-value vehicles annually.
year
2019
rev ($mm)
$1,346.70
EBITDA ($mm)
$391.00
EBIT ($mm)
$295.90
Net Income ($mm)
$189.90
Employees
3564
  • drill down
  • watch
Ticker: CVNA
 
 
 
 
 
 
 
 
Carvana
Simply put, Carvana is a better way to buy a car. People can browse, finance, and purchase a car online and have it delivered to them as soon as the next day.
year
2017
rev ($mm)
$858.87
EBITDA ($mm)
($143.74)
EBIT ($mm)
($155.31)
Net Income ($mm)
Employees
1864
  • drill down
  • watch
Ticker: OTCPK:RMBL
 
 
 
 
 
 
 
 
RumbleON
RumbleON
RumbleON is the only one stop website platform for the recreational vehicle market place that makes it as simple as possible for consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles.
year
2016
rev ($mm)
EBITDA ($mm)
($0.06)
EBIT ($mm)
($0.06)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: TSE:3964
 
 
 
 
 
 
 
 
Aucnet, Inc.
Aucnet, Inc.
Based in Japan, Aucnet Inc. provides information distribution services for auctions. The company engages in the IT auction and distribution of used cars, motorcycles, cut flowers, digital equipment, medical equipment, as well as brand items and used PCs.
year
2018
rev ($mm)
$174.19
EBITDA ($mm)
$41.60
EBIT ($mm)
$28.07
Net Income ($mm)
$15.05
Employees
590
  • drill down
  • watch