M&A Deal Summary

Carsales Acquires DeMotores

On January 31, 2017, Carsales acquired internet software and services company DeMotores from La Nacion SA for 7M AUD

Acquisition Highlights
  • This is Carsales’ 3rd transaction in the Internet Software and Services sector.
  • This is Carsales’ largest (disclosed) transaction.
  • This is Carsales’ 1st transaction in Argentina.

M&A Deal Summary
Date 2017-01-31
Target DeMotores
Sector Internet Software and Services
Buyer(s) Carsales
Sellers(s) La Nacion SA
Deal Type Divestiture
Deal Value 7M AUD

Target

DeMotores

Argentina
website
DeMotores is an online platform that provides cars, trucks, vans, SUVs, motorcycles and SUVs so you can get the vehicle you are looking for quickly and easily.

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Buyer(S) 1

Buyer

Carsales

Richmond, Australia

website

Category Company
Founded 1997
Sector Internet Software and Services
Employees1,200
Revenue 396M AUD (2020)
DESCRIPTION

Carsales provides online automotive, motorcycle and marine classifieds business in Australia. Carsales was founded in 1997 and is based in Melbourne, Australia.

DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 3 of 4
Type (Divestiture) 1 of 1
Country (Argentina) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-25 Chileautos Limitada

Santiago, Chile

Chileautos Limitada is an online platform that provides users to buy and sell vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Trader Interactive

Virginia Beach, Virginia, United States

Trader Interactive is a provider of online marketplaces and digital marketing products serving the lifestyle vehicles and commercial equipment segments. Trader Interactive is based in Virginia Beach, Virginia.

Buy -

Seller(S) 1

SELLER

La Nacion SA

Buenos Aires, Argentina

website

Category Company
Founded 1870
Sector Media
DESCRIPTION

La Nacion SA is a provider and publisher of political, sports, and entertainment news.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Argentina) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-12 ImpreMedia

Los Angeles, California, United States

ImpreMedia LLC is a news and Information company in the United States in Online and Print.

Buy -
Mergr

Product

Company

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