Investment Summary

AFV Partners Invests In Canoo

On July 1, 2020, family office AFV Partners invested in automotive company Canoo

Investment Highlights
  • This is AFV Partners’ 1st transaction in the Automotive sector.
  • This is AFV Partners’ 2nd transaction in the United States.
  • This is AFV Partners’ 1st transaction in California.
Investment Fate
  • Canoo went public in 2020.

Investment Summary

Date 2020-07-01
Target Canoo
Sector Automotive
Investor(s) AFV Partners
Deal Type Stake Purchase

Target

Canoo

Torrance, California, United States
Canoo is a mobility technology company, that designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. Canoo was founded in 2017 and is based in Torrance, California.

Search 205,449 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor
DESCRIPTION

AFV Partners is a family-backed, opportunistic investment firm focused on partnering with growth-minded, 'sustainable' companies. The Firm has a special interest in mission-critical, founder-led software, data, and cybersecurity businesses. AFV Partners was formed in 2019 and is based in Argyle, Texas.


DEAL STATS #
Overall 4 of 7
Sector (Automotive) 1 of 2
Type (Stake Purchase) 1 of 1
State (California) 1 of 3
Country (United States) 2 of 5
Year (2020) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-11 RocketRoute

Hampshire, United Kingdom

RocketRoute is a software platform simplifying route planning and flight plan submissions to aviation authorities around the world. The company's solutions span the private, business and commercial aviation end markets and are the backbone of many air rescue operations in Europe. RocketRoute was founded in 2010 and is based in Hampshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-14 Seattle Avionics

Woodinville, Washington, United States

Seattle Avionics creates compelling pre-flight and in-flight user experiences with its cloud-based solutions providing direct user access to flight planning, weather, fuel prices, and group document management for the general aviation market. Their FAA-certified and geo-referenced charts and flight data are proven and used in the leading in-panel avionics systems globally. Seattle Avionics was founded in 2002 and is based in Woodinville, Washington.

Buy -