CarGurus Mergers & Acquisitions

CarGurus M&A Summary

CarGurus has acquired 2 companies, including 2 in the last 5 years.

CarGurus has acquired in 2 different US states. The Company’s most targeted sectors include internet software and services (100%).

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1

CarGurus

CarGurus, Inc.

55 Cambride Parkway, 6th Floor,
Cambridge, Massachusetts 02142
United States,
(617) 354-0068
www.cargurus.com

All (2) Buy (2) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2020-12-10 CarOffer LLC · Internet Software and Services
Plano, Texas · www.caroffer.com

CarOffer is the automotive industry’s first instant trade platform for modern-day retailing that helps dealers trade more, buy more and make more. Leveraging the power of data, national scale, and the company’s proprietary Buying Matrix technology, the platform helps dealers acquire and exchange used inventory more efficiently. Developed by one of the recognized pioneers in inventory management software, Bruce Thompson, the CarOffer platform is a singular seamless solution that can replace numerous service providers commonly used by dealerships, offering significant instant savings and efficiencies. CarOffer was formed in 2019 and is based in Plano, Texas.

Advisor: Portico Capital Securities
- Add-on Acquisition

CarGurus

-

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