M&A Deal Summary

Cox Enterprises Acquires Manheim

On January 1, 1968, Cox Enterprises acquired automotive company Manheim

Acquisition Highlights
  • This is Cox Enterprises’ 1st transaction in the Automotive sector.
  • This is Cox Enterprises’ 1st transaction in the United States.
  • This is Cox Enterprises’ 1st transaction in Georgia.

M&A Deal Summary
Date 1968-01-01
Target Manheim
Sector Automotive
Buyer(s) Cox Enterprises
Deal Type Add-on Acquisition

Target

Manheim

Atlanta, Georgia, United States
website
Manheim was established in 1945 as a wholesale vehicle auction operation. With 20,000 employees in 107 operating locations around the globe, Manheim is the world’s leading provider of vehicle remarketing services. In 2012, Manheim handled nearly 8 million used vehicles, facilitating transactions representing more than $50 billion in value.

Search 193,092 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cox Enterprises

Atlanta, Georgia, United States

website

Category Company
Founded 1898
Sector Diversified
Employees50,000
DESCRIPTION

Cox Enterprises is a global conglomerate with interests in communications, media, and automotive services. The company operates through its major subsidiaries, including Cox Communications, which is one of the largest broadband and entertainment companies in the United States, providing high-speed internet, digital television, and telephony services. Cox Automotive is another significant division, offering a wide array of automotive services and solutions, including vehicle remarketing, digital marketing, software solutions for automotive dealers, and financial services. Cox Media Group, although its portfolio has evolved over the years, has been involved in broadcasting, publishing, and digital media. Cox Enterprises was founded in 1898 and is headquartered in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 10
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 7
State (Georgia) 1 of 5
Country (United States) 1 of 9
Year (1968) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-14 InSite Wireless Group

Alexandria, Virginia, United States

InSite Wireless Group LLC develops, owns, operates, and manages communications wireless infrastructure facilities primarily for the wireless and broadcast industries. InSite’s tower division is one of the largest privately-owned U.S. tower companies and develops, manages, owns, and operates approximately 1,500 telecommunications towers and sites for wireless carriers across the United States, Puerto Rico, the U.S. Virgin Islands, Canada, and Australia. InSite’s distributed antenna system (DAS) and small cell division specializes in the design, installation, operation, and maintenance of shared wireless infrastructure solutions that enhance the quality and capacity of wireless voice and data services in public facilities and complex environments. InSite Wireless Group was founded in 2000 and is based in Alexandria, Virginia.

Buy -
Mergr

Product

Company

Legal