M&A Deal Summary

Auto Driveaway Systems Acquires J&J Driveaway

On January 16, 2019, Auto Driveaway Systems acquired transportation company J&J Driveaway

Acquisition Highlights
  • This is Auto Driveaway Systems’ 1st transaction in the Transportation sector.
  • This is Auto Driveaway Systems’ 1st transaction in the United States.
  • This is Auto Driveaway Systems’ 1st transaction in Kansas.

M&A Deal Summary
Date 2019-01-16
Target J&J Driveaway
Sector Transportation
Buyer(s) Auto Driveaway Systems
Deal Type Add-on Acquisition

Target

J&J Driveaway

Stilwell, Kansas, United States
J&J Driveaway, Inc. is a provider of heavy truck (Class 7 and Class 8) transport services along with boutique freight brokerage services. J&J moves trucks, complex assets, and other freight using drivers in 49 states and parts of Canada for over 500 customers including OEM truck manufacturers, Fortune 500 companies, dealerships and purchasers of new and used heavy trucks.

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Buyer(S) 1

Buyer

Auto Driveaway Systems

Lombard, Illinois, United States
Category Company
Founded 1952
Sector Transportation
DESCRIPTION

Auto Driveaway Systems is a provider of professional vehicle relocation services. Auto Driveaway Systems was founded in 1952 and is based in Lombard, Illinois.

DEAL STATS #
Overall 1 of 2
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Kansas) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-05 Sparkl Mobile

Chicago, Illinois, United States

Sparkl Mobile is a provider of mobile, eco-friendly, waterless car wash and detailing services. By developing proprietary technology tools and a mobile app, along with waterless and eco-friendly products, Sparkl brings its vehicle cleaning services directly to its customers no matter where they are, virtually eliminating downtime. Sparkl Mobile was formed in 2016 and is based in Chicago, Illinois.

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