M&A Deal Summary

Ideanomics Acquires VIA

On January 26, 2023, Ideanomics acquired automotive company VIA

Acquisition Highlights
  • This is Ideanomics’ 4th transaction in the Automotive sector.
  • This is Ideanomics’ 7th transaction in the United States.
  • This is Ideanomics’ 2nd transaction in Utah.

M&A Deal Summary
Date 2023-01-26
Target VIA
Sector Automotive
Buyer(s) Ideanomics
Deal Type Add-on Acquisition

Target

VIA

Orem, Utah, United States
website
VIA is an all-electric commercial vehicle manufacturer focused on transforming commercial fleets and last-mile delivery. VIA was formed in 2010 and is based in

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Buyer(S) 1

Buyer

Ideanomics

New York, New York, United States

website

Category Company
Founded 2004
Sector Software
Employees110
Revenue 27M USD (2020)
DESCRIPTION

Ideanomics is a global fintech advisory and Platform-as-a-Service company. Ideanomics combines deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services. Ideanomics was founded in 2004 and is based in New York, New York.

DEAL STATS #
Overall 9 of 9
Sector (Automotive) 4 of 4
Type (Add-on Acquisition) 7 of 7
State (Utah) 2 of 2
Country (United States) 7 of 7
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 Energica

Modena, Italy

Energica is a manufacturer and distributor of high-performance, 100% battery-powered electric motorcycles. Energica's lineup of high-performance electric motorcycles is available in the U.S., European markets, and in Asia, the Middle East, and Africa. Energica is based in Modena, Italy.

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