M&A Deal Summary

Trade Me Acquires MotorWeb

On December 11, 2013, Trade Me acquired internet software and services company MotorWeb for 20M NZD

Acquisition Highlights
  • This is Trade Me’s 7th transaction in the Internet Software and Services sector.
  • This is Trade Me’s 0th largest (disclosed) transaction.
  • This is Trade Me’s 7th transaction in New Zealand.

M&A Deal Summary
Date 2013-12-11
Target MotorWeb
Sector Internet Software and Services
Buyer(s) Trade Me
Deal Type Add-on Acquisition
Deal Value 20M NZD

Target

MotorWeb

New Zealand
website
MotorWeb is an online business that packages and sells vehicle information and reports to finance companies, insurers, car dealers and the public. It offers a suite of more than a dozen products and services.

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Buyer(S) 1

Buyer

Trade Me

Wellington, New Zealand

website

Category Company
Founded 1999
Sector Internet Software and Services
Revenue 250M EUR (2018)
DESCRIPTION

Trade Me is a provider of the online marketplace and classified advertising platforms in New Zealand as well as the generalist marketplace for new and used goods. Trade Me Group was founded in 1999 and is based in Wellington, New Zealand.

DEAL STATS #
Overall 7 of 10
Sector (Internet Software and Services) 7 of 10
Type (Add-on Acquisition) 5 of 7
Country (New Zealand) 7 of 10
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 LifeDirect

New Zealand

LifeDirect is an online insurance comparison website.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-15 Paystation

Thorndon, New Zealand

Paystation Ltd. is an online payment processing service provides merchants with a secure and robust solution to allow their customers to pay online by credit card. Paystation also offer services for Mail Order / Telephone Order (MOTO) payments, batch processing, and call centre integration.

Buy -
Mergr

Product

Company

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