M&A Deal Summary

Arcimoto Acquires Tilting Motor Works

On January 25, 2021, Arcimoto acquired automotive company Tilting Motor Works

Acquisition Highlights
  • This is Arcimoto’s 1st transaction in the Automotive sector.
  • This is Arcimoto’s 1st transaction in the United States.
  • This is Arcimoto’s 1st transaction in Washington.

M&A Deal Summary

Date 2021-01-25
Target Tilting Motor Works
Sector Automotive
Buyer(s) Arcimoto
Deal Type Add-on Acquisition

Target

Tilting Motor Works

Snohomish, Washington, United States
Tilting Motor Works, Inc. is a manufacturer of three-wheel conversion kit for touring motorcycles. Tilting Motor Works was founded in 2012 and is based in Snohomish, Washington.

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Buyer(S) 1

Buyer

Arcimoto

Eugene, Oregon, United States

Category Company
Founded 2007
Sector Automotive
Employees120
Revenue 7M USD (2022)
DESCRIPTION

Arcimoto develops and manufactures ultra-efficient and affordable electric vehicles. Arcimoto was founded in 2007 and is headquartered in Eugene, Oregon.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1