Lyft - M&A Summary and Business Overview

Internet Software And ServicesCompany

Lyft M&A Summary

Lyft has acquired 5 companies, including 1 in the last 5 years. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2021, when it sold Lyft - Self-Driving Vehicle Division to Woven Planet Holdings for $550M. Lyft has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include internet software and services (40%) and marketing (20%).

Lyft Business Overview

Where is Lyft headquartered?

Lyft is headquartered in San Francisco, California.

What is Lyft’s revenue?

Lyft disclosed revenue of 3,208M USD for 2021 and 2,365M USD for 2020.

How many employees does Lyft have?

Lyft has 4,453 employees.

What sector is Lyft in?

Lyft is an internet software and services company.

When was Lyft founded?

Lyft was founded in 2007.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1

Lyft

Lyft, Inc.

185 Berry Street Suite 5000,
San Francisco, California 94107
United States,
(844) 250-2773
www.lyft.com

Lyft is a ride-sharing company that connects people and communities through transportation. It helps organizations to establish private and social networks for ridesharing. Lyft was founded in 2007 and is based in San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 1 - - - - 5
Sell (0.2/yr) # - - 1 - - - 1
vol $550M $550M
  6

Most Recent M&A

Company Date Value Type
Lyft - Self-Driving Vehicle Division 2021-04-26 550M USD Divestiture
San Francisco, California
Halo Cars 2020-02-23 - Add-on Acquisition
Brooklyn, New York · www.halocars.co
Motivate 2018-07-02 - Add-on Acquisition
New York, New York · www.motivateco.com
Kamcord 2017-11-16 - Add-on Acquisition
San Francisco, California · www.kamcord.com
FinitePaths, Inc. 2017-03-23 - Add-on Acquisition
Pune, India · www.finitepaths.com
Leo Me, Inc. 2015-06-26 - Add-on Acquisition
San Francisco, California · www.getleoapp.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (40%) - - -
Marketing 1 (20%) - - -
Software 1 (20%) - - -
Transportation 1 (20%) - - -
Information Technology - - 1 (100%) 550M (100%)
Total 5 - 1 $550M

By Geo

State/Country Buy Value Sell Value
United States 4 - 1 550M
  California 2 - 1 550M
  New York 2 - - -
India 1 - - -
Domestic 4 (80%) - 1 (100%) 550M (100%)
Cross-border 1 (20%) - - -
Total 5 - 1 $550M

Deal Values

sell # Total
$100M to $1B 1 $550M
TOTAL $550M
Largest Lyft - Self-Driving Vehicle Division
$550M (2021-04-26)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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