Like Canvas

closed 9/12/2019 via BNC Analysis

Fair, acquired Canvas

synopsis: Fair, a FinTech company that has built a smartphone-based car leasing platform, has acquired Canvas, an online platform for personalized car leasing that includes insurance, maintenance, and warranty coverage, from its owner Ford Motor Credit. The Canvas business will continue to operate, but it will gradually switch over to the Fair brand.
buyer: Fair
Fair is a FinTech company that provides a new way to shop, get approved, and pay for a car all from a phone. The company provides customers with the freedom to drive the car they want for as long as they want, and the flexibility to turn it in at any time. "
target parent: Ford Motor Company
target: Canvas
Canvas is an online platform that offers convenient and personalized monthly car subscriptions from 3-12+ months. All of Canvas' cars come with everything customers need to hit the road, like insurance, maintenance, and warranty coverage.
price ($mm)
rev ($mm)
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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 5/22/2019 via BNC Analysis

Tabinaka Co., Ltd., acquired Justavi Co., Ltd.

synopsis: Tabinaka Co., Ltd, the Japanese company which operates the reservation site “Tabinaka” for oversea local tour activities, acquired Justavi, a platform that matches tourists with local drivers and rental cars to provide custom-made sightseeing trips.
buyer: Tabinaka Co., Ltd.
Tabinaka is a Japanese company that provides inspiring experiences for people that like to travel. Their reservation site allows users to book tours and activities all over the world. Their goal is to provide safe and unique experiences that anyone can access. "
target parent: H.I.S. Co.,Ltd.
target: Justavi Co., Ltd.
Headquartered in Japan, Justavi is a platform that matches tourists with local drivers and rental cars. Users can select drivers that will then provide custom-made sightseeing trips. They make trips safe and easy, by completing background checks and implementing identity verification.
price ($mm)
rev ($mm)
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closed 12/14/2018 via BNC Analysis

DriiveMe Ltd, acquired 1Rent

synopsis: DriiveMe, a car rental platform in Europe, has acquired 1Rent, a Spanish platform for renting cars in Spain. 1Rent connects car rental companies to people who are looking for a way to get around without spending too much money. 1Rent allows users to rent a car for 24 hours for just 1 euro.
buyer: DriiveMe Ltd
DriiveMe is a car rental platform in Europe that offers car and van rentals for 1 euro. DriiveMe provides users with a cheap way to get around while helping rental companies to relocate their vehicles. DriiveMe allows people to easily rent cars for weekend trips, carpooling, moving and more. "
target: 1Rent
1Rent is a Spanish platform for renting cars in Spain. The platform connects car rental companies to people who are looking for a way to get around without spending too much money. 1Rent allows users to rent a car for 24 hours for just 1 euro.
price ($mm)
rev ($mm)
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closed 4/20/2016 via BNC Analysis

Epstein and partners, acquired Car Rental 8

synopsis: A consortium of local and overseas-based investors announced the acquisition of global online car rental company, Car Rental 8. Car Rental 8 is an online car rental brokerage industry offering car rental services in 125 Countries serving 17,000 locations.
buyer: Epstein and partners
A consortium of Jamaican and overseas-based investors who includes lead investor Yoni Epstein, Chief Executive Officer of itel-BPO Solutions and includes partners such as Tony Davis, former vice president of International Sales at the Dollar Thrifty Group "
target: Car Rental 8
Headquartered in Tampa, Florida, Car Rental 8.com is an online car rental brokerage industry offering car rental services in 125 Countries serving 17,000 locations. Customers book car agencies online including Hertz, Avis, Dollar, Thrifty, Alamo, and more for both domestic and international travel.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 2/17/2016 via BNC Analysis

Mayflower Car Rental, acquired GoCar Mobility Sdn Bhd

synopsis: In an effort to add flexibility and efficiency to its services, Malaysia’s leading travel service provider Mayflower Acme Tours Sdn Bhd announced it acquired a 55 per cent stake in the Kuala Lumpur-based on-demand car rental startup GoCar Mobility Sdn Bhd. Users register into the GoCar online ecosystem to reserve and book a car.
buyer parent: Warisan TC Holdings Berhard
buyer: Mayflower Car Rental
Mayflower is the leading total travel service specialist in Malaysia. It offers a diversified range of services that include: Car rental, Ground transportation, Hotel reservations, Shore excursion, Nature tours, Packaged tours, Agent representation and more. "
target: GoCar Mobility Sdn Bhd
GoCar is a Kuala Lumpur-based company with a platform allowing people to rent cars for hours, instead of days, at a time. Users register into the GoCar online ecosystem to reserve and book a car for a few hours or for a day.
price ($mm)
$0.11*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/2/2015 via BNC Analysis

Drivy, SA, will acquire Buzzcar, Inc.

synopsis: Drivy announced that it is acquiring its smaller competitor Buzzcar, an online platform for renting cars between individuals. BuzzCar allows individuals to rent out cars from other individuals by the hour or by the day. The company was incorporated in 2010 and is based in Sainghin-en-Mélantois, France.
buyer: Drivy, SA
Drivy is the leading peer-to-peer car rental service in Europe - with full insurance for users. Users can rent their cars when they don't use it, or drive their neighbor's car for weekend getaways. "
target: Buzzcar, Inc.
Buzzcar, Inc. operates an online platform for renting cars between individuals. BuzzCar allows individuals to rent out cars from other individuals by the hour or by the day. The company was incorporated in 2010 and is based in Sainghin-en-Mélantois, France.
price ($mm)
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closed 8/22/2019 via Financial Times

Mail.Ru LLC, acquired YouDrive

synopsis: Mail.ru, a Russian social media company, has acquired YouDrive, a car sharing mobile app in Russia. YouDrive provides people with a fast and convenient way to rent cars. YouDrive offers 2,500 cars and free parking spots. YouDrive helps to reduce traffic, increase free parking spaces and improve the environmental conditions of the cities they serve.
buyer: Mail.Ru LLC (LSE:MAIL:$1,091.82)
Russia's Mail.Ru Group develops Internet communications and entertainment services globally. The company operates Russian language social networks Vkontakte (VK), Odnoklassniki (OK) and Moi Mir (My World), and instant messenger services; Agent Mail.Ru and ICQ. "
target: YouDrive
YouDrive is a car sharing mobile app in Russia. YouDrive provides people with a fast and convenient way to rent cars. YouDrive offers 2,500 cars and free parking spots. YouDrive helps to reduce traffic, increase free parking spaces, and improve the environmental conditions of the cities they serve.
price ($mm)
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closed 6/26/2019 via PE Hub

Getaround, acquired Nabobil.no AS

synopsis: Global carsharing leader Getaround has acquired Nabobil, expanding the marketplace’s presence to the Nordic region. Nabobil is a Norwegian peer-to-peer carsharing platform. Twenty percent of the cars on Nabobil’s platform are electric and offers everything from vans to luxury cars available on the platform, with insurance included in every rental.
buyer: Getaround
Getaround empowers people to rent and drive great cars shared by people in their city. Getaround Connect, the patented connected car technology, creates a fun and safe carsharing experience without the need to meet the car owner, carry an access card, or coordinate picking up a car key. "
target: Nabobil.no AS
Nabobil is a Norwegian peer-to-peer carsharing platform. Twenty percent of the cars on Nabobil’s platform are electric and offers everything from vans to luxury cars available on the platform, with insurance included in every rental.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/24/2019 via PR Newswire

Getaround, acquired Drivy, SA

synopsis: Getaround, an on-demand carsharing marketplace, has acquired Drivy, the largest and fastest-growing carsharing platform in Europe. Drivy provides convenient 24/7 access to shared cars nearby. Their mobile app allows drivers to find and book a nearby car, open it with their smartphone and drive away.
buyer: Getaround
Getaround is an on-demand carsharing marketplace. Getaround empowers people to instantly rent and drive great cars shared by people in their city. The Getaround app creates a fun and safe carsharing experience without the need to meet the car owner, or coordinate picking up a car key. "
target: Drivy, SA
Drivy is Europe’s #1 car-sharing platform. Drivy provides convenient 24/7 access to shared cars nearby. Their mobile app allows drivers to find and book a nearby car, open it with their smartphone and drive away. The platform has over 2 million users and 55,000 cars in 6 countries.
price ($mm)
$300
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/27/2018 via BusinessWire

Ubeeqo, acquired Scooty

synopsis: Europcar Group, a major player in mobility markets, announces the acquisition of Poleis Consulting and their brand Scooty, a free floating electric scooter-sharing start-up through Ubeeqo. Scooty is a Belgium-based sharing system and mobile app with electric scooters that are spread out in free float across the cities of Antwerp and Brussels.
buyer parent: Europcar Group
buyer: Ubeeqo
Ubeeqo is a European start-up specialising in fleet and mobility solutions for both the business and the end-consumers market. Ubeeqo has been acknowledged by Deloitte's Technology Fast50 as one of the top 30 high-growth companies. "
target: Scooty
Scooty is a Belgium-based sharing system with electric scooters that are spread out in free float across the cities of Antwerp and Brussels. Users only need the Scooty mobile application in order to track, book and start a scooter that is part of the fleet.
price ($mm)
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EV / rev
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closed 2/7/2018 via BNC Analysis

Fair, acquired Skurt Inc.

synopsis: Skurt, a transportation app that delivers rental cars, has been acquired by vehicle subscription service, Fair, the companies announced. Skurt's platform enables the digital initiation and monitoring of customer car deliveries from a central dashboard, as well as real-time notification, fleet location tracking, and instant communication.
buyer: Fair
Fair, a mobile vehicle subscription service, offers a forward-thinking model of flexible car ownership that responds to consumer demand for more freedom. Fair gives customers the flexibility to drive the car they want for as long as they want, and lets them walk away any time. "
target: Skurt Inc.
Skurt is a transportation app that delivers rental cars. Skurt's platform enables the digital initiation and monitoring of customer car deliveries from a central dashboard, as well as real-time notification, fleet location tracking, and instant communication throughout the process.
price ($mm)
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closed 6/9/2016 via BusinessWire

Ubeeqo, acquired Bluemove

synopsis: Europcar Group, the European leader in vehicle rental services and a major player in mobility markets, announced, through Ubeeqo, the innovative mobility start-up in which Europcar took a majority share, the acquisition of Bluemove, a mobility tech start-up and car sharing leader in Spain. Bluemove gives 24 hour access through a dedicated app.
buyer parent: Europcar Group
buyer: Ubeeqo
Ubeeqo is a French start-up founded in 2008. It is the only app bringing together all essential urban mobility features: locate a car, book it and securely pay for it. Ubeeqo addresses several markets that are fleet management, car sharing and every day transport. "
target: Bluemove
Bluemove is the Spanish leading tech company in the car sharing market for individuals, giving access to a 24 hours available fleet, seven days a week, through a dedicated app.
price ($mm)
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closed 3/2/2012 via PR Newswire

Rent2Buy, acquired HiGear

synopsis: Los Angeles-based Rent2Buy, the social car-sharing platform, announced that it has acquired HiGear.com, the private car-sharing club for luxury and sports autos. Rent2Buy was started by automotive veteran Moti Kahana, founder of Automoti, and ecommerce executive Todd Daum, formerly of Overture, Inc., Yahoo! and TrueCar.
buyer: Rent2Buy
Rent2Buy is the global eMarketplace to rent or lease anything with the option to buy it. Rent2Buy works for consumers who are looking to try out a big ticket item before making a commitment, or for those short on cash but will have the money later. "
target: HiGear
HiGear is a private car-sharing club for luxury and sports cars. Members can share and rent luxury cars from each other within a trusted, secure community of car enthusiasts.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 3/13/2019 via BNC Analysis

Guazi, acquired START

synopsis: Chehaoduo, the parent company of Chinese used-car selling platform Guazi, closed on its acquisition of Beijing-based car rental company START, whose previous name translates into “PP Car Rental". START’s online sharing platform will be rebranded as “Guazi Car Rental” and relaunched in 12 Chinese cities.
buyer: Guazi
Guazi is an online P2P used-car trading platform based in China. Chehaoduo is its parent company. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. "
target: START
START is the market leader in P2P car sharing market in mainland China and the whole of Asia, with over 1.2 million registered car owners and 2.8 million car drivers.
price ($mm)
rev ($mm)
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closed 1/10/2019 via Yahoo, Inc.

Turo, acquired easyCar Club

synopsis: Turo, a peer-to-peer car sharing marketplace, has acquired easyCar Club from easyGroup, the private investment vehicle of Sir Stelios Haji-Ioannou. easyCar Club is the UK’s largest peer-to-peer car rental market place. easyCar Club lets owners make money by renting out their cars or vans when they’re not using them.
buyer: Turo
Turo is a peer-to-peer car sharing marketplace where users can book any car they want from a vibrant community of local hosts across the US, Canada, the UK, and Germany. Turo users can choose from a unique selection of nearby cars, while hosts earn extra money to offset the costs of car ownership. "
target parent: easyGroup
target: easyCar Club
easyCar Club is the UK’s largest peer-to-peer car rental market place. easyCar Club lets owners make money by renting out their cars or vans when they’re not using them, and help drivers save money through cheaper more convenient, local car hire.
price ($mm)
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closed 8/21/2017 via PR Newswire

Hagerty, acquired Classics&Exotics

synopsis: Hagerty, the world's largest network for people who love cars and collectible vehicles, announced it has acquired Classics&Exotics, the nation's only peer-to-peer online marketplace for classic cars, and relaunched it as DriveShare by Hagerty.
buyer: Hagerty
Hagerty is a worldwide automotive brand dedicated to the love of driving. They are the world's largest specialty insurance provider for classic vehicles of all kinds. Hagerty, the magazine, is among the highest circulation car magazines in the country. "
target: Classics&Exotics
Classics&Exotics is the nation's only peer-to-peer online marketplace for classic cars. Classics&Exotics quickly became the Airbnb of vintage and exotic cars by linking car owners with pre-screened, highly qualified motorists seeking a unique driving experience or the perfect vehicle for events.
price ($mm)
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closed 5/6/2015 via BNC Analysis

Drivy, SA, acquired Livop

synopsis: Drivy, Europe’s #1 peer-to-peer car rental service, has acquired Livop. Created in 2010 by Kieran Connolly, Livop specializes in the rental of self-service vehicles. Private vehicles offered for rent are equiped with a special system connected to an App which opens, closes and starts the cars.
buyer: Drivy, SA
Drivy is Europe’s #1 peer-to-peer car rental service. Car owners can list their car for free, so that their car pays for itself. As Drivy cars are progressively poping up at every street corner, it offers people without a car the best alternative to car ownership : cheap rental prices. "
target: Livop
Livop is a unique type of P2P carsharing company. 100 % of the cars are equiped with a special system connected to an App which opens, closes and starts the cars. The company was founded in 2010 and is based in France.
price ($mm)
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announced 5/16/2018 via BNC Analysis

AJ Rent-A-Car, will acquire Linkable Inc.

synopsis: Seoul-based AJ Rent a Car will acquire 57.4% of Linkable, a car sharing plaform in Seoul. Linkable offers a holistic platform for those who provide mobility services. Linkable operates Neivee, a car sharing app and service for apartments and co-working spaces, and Kakey, a turnkey platform developed to help launch car-sharing services.
buyer: AJ Rent-A-Car
AJ Rent-A-Car, established in June 1988 for car rentals, transportation and maintenance, has become a leader in the rent-a-car business. Based in Seoul, AJ Rent-A-Car has more than 220 sales outlets, more than 230 maintenance centers, and more than 65,000 of the newest cars. "
target: Linkable Inc.
Linkable is a car sharing platform based in Seoul. It offers a holistic platform for those who provide mobility services. Linkable operates Neivee, a car sharing app and service for communities such as apartments and co-working spaces.
price ($mm)
$9.00*
rev ($mm)
$1
EBITDA ($mm)
EV / rev
20.1x
EV / EBITDA
closed 2/28/2018 via BNC Analysis

Skoda Auto DigiLab, acquired HoppyGo

synopsis: Skoda Auto DigiLab has acquired HoppyGo, a car-sharing application developed by CreativeDock, which brings car owners together with drivers who want to rent a vehicle. The companies are based in the Czech Republic.
buyer parent: Volkswagen AG
buyer: Skoda Auto DigiLab
Skoda Auto DigiLab develops new solutions and business models in cooperation with key partners. Skoda Auto Digilab generates ideas and turns them into customer-oriented products and services at rapid pace to enable new era of mobility today; where driving is easy, safer, and more efficient. "
target parent: Creative Dock s.r.o.
target: HoppyGo
HoppyGo, based in Prague, is a service that brings vehicle owners together with drivers who want to rent a vehicle via a mobile application. HoppyGo enables safe vehicle sharing thanks to its partnership with insurance providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 9/12/2019 via BNC Analysis

Fair, acquired Canvas

synopsis: Fair, a FinTech company that has built a smartphone-based car leasing platform, has acquired Canvas, an online platform for personalized car leasing that includes insurance, maintenance, and warranty coverage, from its owner Ford Motor Credit. The Canvas business will continue to operate, but it will gradually switch over to the Fair brand.
buyer: Fair
Fair is a FinTech company that provides a new way to shop, get approved, and pay for a car all from a phone. The company provides customers with the freedom to drive the car they want for as long as they want, and the flexibility to turn it in at any time. "
target parent: Ford Motor Company
target: Canvas
Canvas is an online platform that offers convenient and personalized monthly car subscriptions from 3-12+ months. All of Canvas' cars come with everything customers need to hit the road, like insurance, maintenance, and warranty coverage.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/12/2019 via BNC Analysis

Fair, acquired Canvas

synopsis: Fair, a FinTech company that has built a smartphone-based car leasing platform, has acquired Canvas, an online platform for personalized car leasing that includes insurance, maintenance, and warranty coverage, from its owner Ford Motor Credit. The Canvas business will continue to operate, but it will gradually switch over to the Fair brand.
buyer: Fair
Fair is a FinTech company that provides a new way to shop, get approved, and pay for a car all from a phone. The company provides customers with the freedom to drive the car they want for as long as they want, and the flexibility to turn it in at any time. "
target parent: Ford Motor Company
target: Canvas
Canvas is an online platform that offers convenient and personalized monthly car subscriptions from 3-12+ months. All of Canvas' cars come with everything customers need to hit the road, like insurance, maintenance, and warranty coverage.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/7/2018 via BNC Analysis

Fair, acquired Skurt Inc.

synopsis: Skurt, a transportation app that delivers rental cars, has been acquired by vehicle subscription service, Fair, the companies announced. Skurt's platform enables the digital initiation and monitoring of customer car deliveries from a central dashboard, as well as real-time notification, fleet location tracking, and instant communication.
buyer: Fair
Fair, a mobile vehicle subscription service, offers a forward-thinking model of flexible car ownership that responds to consumer demand for more freedom. Fair gives customers the flexibility to drive the car they want for as long as they want, and lets them walk away any time. "
target: Skurt Inc.
Skurt is a transportation app that delivers rental cars. Skurt's platform enables the digital initiation and monitoring of customer car deliveries from a central dashboard, as well as real-time notification, fleet location tracking, and instant communication throughout the process.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 5/14/2014 via BusinessWire

Vehcon, acquired Car Demander

synopsis: Atlanta-based Vehcon, Inc., an innovator in the vehicle telematics and mobile data industry, announced it acquired the assets of Orlando-based Car Demander, a company that connects consumers to the cars they want to buy via an online and mobile platform.
buyer: Vehcon
Vehcon’s patent-protected web and mobile solutions collect and authenticate predictive vehicle data, enabling drivers to lower their total cost of vehicle ownership while maintaining optimal privacy and control. "
target: Car Demander
Car Demander connects consumers to the cars they want to buy via an online and mobile platform. Their technology allows a consumer to input a “demand” for a vehicle that meets their individual criteria, and returns “best offers” on matching vehicles from participating dealers.
price ($mm)
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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
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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
closed 10/24/2018 via BNC Analysis

Aston Barclay Ltd., acquired The Car Buying Group

synopsis: Aston Barclay Ltd. has acquired The Car Buying Group (TCBG), one of the largest independent consumer car buying companies in the UK. Selling more than 10,000 cars nationwide, TCBG provides a fast and hassle free way to sell a car online alongside the usage of detailed vehicle history reports.
buyer: Aston Barclay Ltd.
Aston Barclay Ltd. provides vehicle auction and remarketing services for fleets, car supermarkets, general customers, leasing and finance companies, and franchised dealerships in Chelmsford, Leeds, Prees Heath, and Westbury, United Kingdom. "
target: The Car Buying Group
The Car Buying Group is one of the fastest growing online car buying services in the UK. They provide a fast and hassle free way to sell a car online. By providing basic vehicle information (registration, mileage, number of owners etc.) a vehicle valuation will be provided instantly.
price ($mm)
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closed 8/8/2017 via BusinessWire

Carvana, acquired Carlypso

synopsis: Carvana, an online auto marketplace based in Arizona, has acquired Carlypso, another online auto marketplace based in California. Initially established as a peer-to-peer car selling service, Carlypso evolved into a managed marketplace, giving consumers direct access to wholesale inventory.
buyer: Carvana (CVNA:$858.87)
Simply put, Carvana is a better way to buy a car. People can browse, finance, and purchase a car online and have it delivered to them as soon as the next day. "
target: Carlypso
Initially established as a peer-to-peer car selling service, Carlypso has evolved into a managed marketplace, giving consumers direct access to wholesale inventory.
price ($mm)
rev ($mm)
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closed 9/28/2016 via PR Newswire

Thoma Bravo, LLC, acquired Trader Corporation

synopsis: Thoma Bravo, LLC, a leading private equity investment firm, announced that it has completed its acquisition of TRADER Corporation, Canada's leading digital automotive marketplace and software solutions provider.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm that provides equity and support to management teams and growing companies. The firm seeks to create value by collaborating with company management to improve business operations, invest in growth initiatives and make accretive acquisitions. "
target parent: Apax Partners
target: Trader Corporation
TRADER is the largest and most trusted digital automotive marketplace in Canada and provides the most comprehensive set of marketing software solutions to Canadian automotive dealers. The company’s online marketplaces and destinations include: autoTRADER.ca™, autoHEBDO.net™ and Autos.ca.
price ($mm)
$1,216
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/15/2016 via BNC Analysis

Spinny, acquired HopCar Technologies Pvt. Ltd.

synopsis: Delhi-based Spinny, which operates in the pre-owned car segment, has acquired Gurgaon-based HopCar, another startup in the same industry. HopCar is an online platform that connects car buyers directly to sellers, assuring quality at accurate prices.
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: HopCar Technologies Pvt. Ltd.
HopCar is changing the way cars are bought and sold; hopping them from the people who own them to the people who need them in a way that's easy, affordable, transparent and data-driven. HopCar is an online platform that connects buyers directly to sellers, assuring quality at accurate prices.
price ($mm)
rev ($mm)
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closed 2/3/2016 via Company Press Release

Acorn Money Limited, acquired Autoebid Limited

synopsis: Autoebid, recognised as a leading name in the new car discount marketplace, announced that the company has changed ownership following a bid from established finance broker, Acorn Money. Autoebid Limited offers a platform for buying and selling cars.
buyer: Acorn Money Limited
Acorn Money develops and invests in the next generation of FinTech, using big data and machine learning to create innovative user experience linked back to real world high value lending solutions. They aim to empower consumers at the point of sale to make the best economic decision. "
target: Autoebid Limited
Autoebid Limited offers a platform for buying and selling cars. AutoeBid has obtained clients the best new car discount & new van discount in the UK. They get over 1,800 dealers to compete against each other to give the best new car discount & delivery times on a new car or new van.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/22/2014 via Company Press Release

Bauer Media Group, acquired Gebrauchtwagen.de

synopsis: Bauer Media Group has acquired Gebrauchtwagen.de. Gebrauchtwagen.de is an online car platform enabling users to search for new or used cars. It also allows one to sell their car with no commission fee.
buyer: Bauer Media Group
Bauer Media Group publishes, sells, and markets magazines, periodicals, and various special publications focusing on magazines, radio/TV, and online media business segments in Germany and internationally. "
target: Gebrauchtwagen.de
Gebrauchtwagen.de is an online car platform enabling users to search for new or used cars. It also allows one to sell their car with no commission fee.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/3/2012 via BNC Analysis

MEC Manchester, acquired We Buy Any Car Ltd.

synopsis: Webuyanycar.com has been acquired by MEC Manchester. Webuyanycar.com is one of the world’s leading used car buyers.
buyer parent: WPP Group, plc
buyer: MEC Manchester
MEC Manchester is a media planning and buying agency based in Manchester, England. "
target: We Buy Any Car Ltd.
We Buy Any Car Ltd., doing business as webuyanycar.com, provides a platform to its clients to sell used cars and vans online.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/20/2012 via BNC Analysis

Produktion 203 Media AB, acquired Bilweb

synopsis: Digital marketng firm Produktion 203 Media AB has acquired Bilweb from Eniro AB. Bilweb is one of the largest marketplaces for new and used cars on the Internet. It offers information on car purchases, tests, articles, funding, technical data, etc.
buyer: Produktion 203 Media AB
Produktion 203 Media AB provides Web agency services in Sweden. The company develops Websites and optimizes existing Websites. It offers search engine optimization and search engine marketing services; Web hosting services for servers; and content management systems. "
target parent: Eniro AB
target: Bilweb
Bilweb is one of the largest marketplaces for new and used cars on the Internet. It offers information on car purchases, tests, articles, funding, technical data, etc.
price ($mm)
$0.68
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.6x
EV / EBITDA
closed 8/3/2011 via BNC Analysis

Apax Partners, acquired Trader Corporation

synopsis: Apax Partners has closed the acquisition of Trader Corporation from Yellow Media Inc. The assets that were acquired by Apax Partners from Yellow Media Inc. comprise AutoTrader.ca, Canada's leading online automotive classified marketplace, and approximately 30% interest in Dealer Dot Com, Inc.
buyer: Apax Partners
Apax Partners is one of the world's leading private equity investment groups. It operates across the United States, Europe and Asia and has more than 30 years of investing experience. Funds under the advice and management of Apax Partners globally total around $40 billion. "
target parent: Yellow Pages Group Co
target: Trader Corporation
Trader Corporation is a leader in print and digital vertical media and offers a broad set of services such as inventory management, web solutions, optimization of media spend and lead-generation campaigns. Trader caters to the automotive, real estate and generalist verticals.
price ($mm)
$724
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/17/2009 via Company Press Release

The Hertz Corporation, acquired Automoti Group, Inc.

synopsis: Hertz Global Holdings, Inc. announced that it has acquired the assets of Automoti Group, Inc., an online marketplace for consumers to directly purchase used cars at discounted prices. Automoti’s end-to-end solutions are currently utilized by the Hertz Rent2Buy program which enables consumers to rent a car for up to three days prior to purchase.
buyer: The Hertz Corporation (HTZ:$7,101.51)
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., is the world’s largest general use car rental brand, operating from approximately 8,000 locations in 145 countries worldwide. Hertz is the number one airport car rental brand in the U.S. "
target: Automoti Group, Inc.
Automoti.com is changing the way people buy used cars. Automoti.com has set themselves apart in the automotive industry by allowing consumers to try cars before they purchase them. Automoti.com is a virtual showroom that sells high quality, used cars nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2016 via Market Wire

Internet Brands, Inc., acquired ACE Tech Inc.

synopsis: Auto Credit Express, a leader in subprime automotive financing technology, has been acquired by Internet Brands. The deal bolsters Internet Brands' presence in the subprime automotive category and creates one of North America's largest full-service subprime automotive solution providers, serving both consumers and automotive dealerships.
buyer parent: Kohlberg Kravis Roberts & Co.
buyer: Internet Brands, Inc. (:$107.45)
Internet Brands® is a fully integrated online media and software services organization focused on four high-value vertical categories: Automotive, Health, Legal and Home / Travel. Internet Brands' powerful, proprietary operating platform provides the scalability to fuel the company's growth. "
target: ACE Tech Inc.
Auto Credit Express® is a leading provider of automotive special financing solutions, including loan matching, consulting services, and automotive special finance management software. Each month, the company provides more than 150,000 credit-challenged consumers with automotive financing services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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

Like Canvas


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We Buy Any Car Ltd.

Bilweb

Trader Corporation

Automoti Group, Inc.

ACE Tech Inc.

Vincent Auto Solutions

Cheyipai

Dealer Auction

Auction Pipeline

MonsterMotors.com

Geography
Matching Companies
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
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: OTCPK:DVGG.D
 
 
 
 
 
 
 
 
12 Retech Corporation
12 Retech Corporation
12 Retech's retail shopping technology seamlessly combines cutting edge digital tech and social networking to create a fun and unique shopping experience. 12 Retech fully integrates in-store, online, and mobile shopping experiences with its patented smart 12Mirrors, 12Mobile app, and 12Kiosks.
year
2019
rev ($mm)
$0.53
EBITDA ($mm)
($2.68)
EBIT ($mm)
($2.70)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: ASX:E88
 
 
 
 
 
 
 
 
iBuy
iBuy
iBuy Group is a leading e-Commerce business in the South East Asia and Hong Kong region, specialising in flash sales. iBuy is focused on connecting products for sale to over 600m+ consumers in South East Asia and Hong Kong through its e-Commerce websites.
year
2013
rev ($mm)
$3.97
EBITDA ($mm)
($1.50)
EBIT ($mm)
($1.54)
Net Income ($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
Ticker: NTES
 
 
 
 
 
 
 
 
NetEase, Inc.
NetEase, Inc.
NetEase, Inc. is a leading internet technology company in China. Dedicated to providing online services centered around content, community, communication and commerce, NetEase develops some of China’s most popular PC-client and mobile games, e-commerce businesses, advertising and e-mail services.
year
2019
rev ($mm)
$10,750.03
EBITDA ($mm)
$1,998.42
EBIT ($mm)
$1,637.88
Net Income ($mm)
$1,273.77
Employees
23687
  • drill down
  • watch