M&A Deal Summary

Aramis Group Acquires Onlinecars

On June 27, 2022, Aramis Group acquired internet software and services company Onlinecars

Acquisition Highlights
  • This is Aramis Group’s 1st transaction in the Internet Software and Services sector.
  • This is Aramis Group’s 1st transaction in Austria.

M&A Deal Summary

Date 2022-06-27
Target Onlinecars
Sector Internet Software and Services
Buyer(s) Aramis Group
Deal Type Add-on Acquisition

Target

Onlinecars

Dobl, Austria
website
Onlinecars is a brand-independent used car dealer in Austria that offers vehicles at unbeatable outlet prices and all technical services related to mobility. The company relies on the development of its services, ongoing expansion of technology, and efficient solutions from purchasing to vehicle delivery. The vehicle sales of all locations are around 15,000 units per year. Up to 3,000 vehicles in storage are available to customers at any one time for on-site inspections at its locations. Onlinecars was formed in 2005 and is based in Dobl, Austria.

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Buyer(S) 1

Buyer

Aramis Group

Arcueil, France

website


Category Company
Sector Internet Software and Services
DESCRIPTION

Aramis Group is a European B2C platform for online used car sales, operating the Aramisauto, Cardoen, Clicars and CarSupermarket brands, in France, Belgium, Spain, and the UK respectively. The Group is transforming the used car market and harnessing digital technology to support customer satisfaction with a fully vertically integrated business model. Aramis Group is based in Arcueil, France.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Austria) 1 of 1
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-31 Cazoo Trading Italy

Milan, Italy

Cazoo Trading is engaged in car buying and selling experience across Italy. Cazoo Trading is based in Milan, Italy.

Buy -