SEARCH BY
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Business Services |
| Employees | 4,080 |
| Revenue | 1.8B USD (2024) |
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.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Spin Off M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-28 |
CarsOnTheWeb
Tienen, Belgium Ecadis NV is an online auction company serving the wholesale vehicle sector in Continental Europe that seamlessly connects OEMs, fleet owners, wholesalers, and dealers. Ecadis is based in Tienen, Belgium. |
Buy | €91M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-08 |
BacklotCars
Kansas City, Kansas, United States BacklotCars is an online marketplace that helps auto dealers, auto finance, and rental car companies to transact without having to go to physical auctions. The company’s end to end solution is truly seamless for dealers as BacklotCars provides vehicle inspections, transportation, and inventory finance services. BacklotCars was formed in 2014 and is based in Kansas City, Kansas. |
Buy | $425M |
