Cox Automotive - M&A Summary and Business Overview

MarketingCompany

Cox Automotive M&A Summary

Cox Automotive has acquired 12 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets.

Cox Automotive’s largest acquisition to date was in 2015, when it acquired Dealertrack Technologies for $4.0B. It’s largest disclosed sale occurred in 2023, when it sold Manheim Canada to Openlane for $95M. Cox Automotive has acquired in 9 different US states, and 3 countries. The Company’s most targeted sectors include automotive (34%) and business services (34%).

Cox Automotive Business Overview

Where is Cox Automotive headquartered?

Cox Automotive is headquartered in Atlanta, Georgia.

How many employees does Cox Automotive have?

Cox Automotive has 3,300 employees.

What sector is Cox Automotive in?

Cox Automotive is a marketing company.

When was Cox Automotive founded?

Cox Automotive was founded in 1997.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity11
    • M&A Sell Activity4
  • Total Sectors Invested 5
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 6
  • M&A Advisors 3

Cox Automotive

Cox Automotive, Inc.

3003 Summit Boulevard, Suite 200,
Atlanta, Georgia 30319
United States,
(404) 568-8000
www.coxautoinc.com

Cox Automotive is a provider of vehicle remarketing services and digital marketing and software solutions for consumers, dealers, manufacturers and the overall automotive industry.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 6 - 2 2 1 - 11
vol $4.0B $4.0B
Sell (0.6/yr) # 1 - - - 1 2 4
vol $95M $95M
  15

Most Recent M&A

Company Date Value Type
Cox Automotive - Dealertrack Registration and Titling Businesses 2024-11-25 - Divestiture
Atlanta, Georgia
Cox Automotive - Express Recoveries Business 2024-01-16 - Divestiture
Atlanta, Georgia
Manheim Canada 2023-12-04 95M USD Divestiture
Milton, Ontario · www.manheim.ca
FleetNet America, Inc. 2023-02-28 - Add-on Acquisition
Cherryville, North Carolina · www.fleetnetamerica.com
Trudell Holdings, Inc. 2022-07-21 - Add-on Acquisition
Green Bay, Wisconsin · www.trudellholdings.com
MobiCare 2022-02-07 - Add-on Acquisition
Jacksonville, Florida · www.mobicare.net
Spiers New Technologies, Inc. 2021-09-01 - Add-on Acquisition
Oklahoma City, Oklahoma · www.spiersnewtechnologies.com
Dickinson Fleet Services LLC 2021-01-05 - Add-on Acquisition
Indianapolis, Indiana · www.dickinsonfleet.com
Intersection Technologies, Inc. 2018-10-01 - Add-on Acquisition
Grapevine, Texas · www.fandiexpress.com
Molinari srl 2016-04-13 - Stake Purchase
Gossolengo, Italy · www.molicar.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Dealertrack Technologies, Inc. 2015-06-16 Dealertrack - Inventory+ 2015-08-20 1
Lake Success, New York · www.dealertrack.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 4 (33%) - 1 (25%) 95M (100%)
Business Services 4 (33%) - 2 (50%) -
Software 2 (17%) 4.0B (100%) 1 (25%) -
Information Technology 1 (8%) - - -
Metals/Mining 1 (8%) - - -
Total 12 $4.0B 4 $95M

By Geo

State/Country Buy Value Sell Value
United States 10 4.0B 3 -
  Minnesota 2 - 1 -
  Georgia - - 2 -
  Wisconsin 1 - - -
  Texas 1 - - -
  Oklahoma 1 - - -
  North Carolina 1 - - -
  New York 1 4.0B - -
  Indiana 1 - - -
  Florida 1 - - -
  California 1 - - -
Brazil 1 - - -
Canada - - 1 95M
  Ontario - - 1 95M
Italy 1 - - -
Domestic 10 (83%) 4.0B (100%) 3 (75%) -
Cross-border 2 (17%) - 1 (25%) 95M (100%)
Total 12 $4.0B 4 $95M

Top M&A Advisors

Financial Deals
Citi
 1
BDT & MSD Partners
 1
Legal Deals
Wachtell, Lipton, Rosen & Katz
 1

Deal Values

buy # Total
> $1B 1 $4.0B
TOTAL $4.0B
Largest Dealertrack Technologies, Inc.
$4.0B (2015-06-16)
sell # Total
< $100M 1 $95M
TOTAL $95M
Largest Manheim Canada
$95M (2023-12-04)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
8%
1 (8%)
Divested to
Strategic(s)
100%
4 (100%)

Company Summary

SECTOR

Marketing

Employees

3,300

Established

1997

 Subscribe to unlock this and 209,180
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Cox Automotive

Georgia Companies , Marketing Companies , United States Companies , Georgia Marketing Companies , Georgia Marketing with Acquisitions , Georgia Marketing with Divestitures

Related Lists for Georgia Companies

Largest Georgia Companies , Acquisitive Georgia Companies , Recently Acquired Georgia Companies , Recently Sold Georgia Companies , Private Georgia Companies , Public Georgia Companies , Acquired Georgia Companies , PE Backed Georgia Companies

Related Lists for Marketing Companies

Largest Marketing Companies , Acquisitive Marketing Companies , Recently Acquired Marketing Companies , Recently Sold Marketing Companies , Private Marketing Companies , Public Marketing Companies , Acquired Marketing Companies , PE Backed Marketing Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal