Openlane Overview

Business ServicesCompany

Was Openlane formerly PE-backed?

Yes. Openlane was formerly owned by 2 private investors.

Where is Openlane headquartered?

Openlane is headquartered in Carmel, Indiana.

What is Openlane’s revenue?

Openlane disclosed revenue of 1,789M USD for 2024 and 1,696M USD for 2023.

How many employees does Openlane have?

Openlane has 4,080 employees.

What sector is Openlane in?

Openlane is a business services company.

When was Openlane founded?

Openlane was founded in 2006.

Openlane

Openlane, Inc.

11299 N Illinois St.,
Carmel, Indiana 46032
United States,
(800) 923-3725
corporate.openlane.com

Openlane provides sellers and buyers across the global wholesale used-vehicle industry with innovative, technology-driven remarketing solutions. Openlane’s unique end-to-end platform supports whole car, financing, logistics, and other ancillary and related services. Its integrated physical, online and mobile marketplaces reduce risk, improve transparency, and streamline transactions for customers in more than 80 countries. Openlane was formed in 2006 and is headquartered in Carmel, Indiana.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.6/yr) # 14 2 - 1 - - 17
vol $571M $450M $95M $1.1B
Sell (0.2/yr) # 1 - 1 - - - 2
vol $2.2B $2.2B
  19

Top M&A Advisors

Financial Deals
Guggenheim Securities
1
Barclays Investment Bank
1
Legal Deals
Winston & Strawn
2
Skadden, Arps, Slate, Meagher & Flom
1

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