M&A Deal Summary

AutoWeb Acquires Autoweb.com

On August 15, 2001, AutoWeb acquired internet software and services company Autoweb.com

Acquisition Highlights
  • This is AutoWeb’s 1st transaction in the Internet Software and Services sector.
  • This is AutoWeb’s 1st transaction in the United States.
  • This is AutoWeb’s 1st transaction in Florida.

M&A Deal Summary

Date 2001-08-15
Target Autoweb.com
Sector Internet Software and Services
Buyer(s) AutoWeb
Deal Type Merger

Target

Autoweb.com

Miami, Florida, United States
Autoweb.com, Inc. is a provider of online automotive services.

Search 201,292 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

Buyer(S) 1

Buyer

AutoWeb

Tampa, California, United States

Category Company
Founded 1995
Sector Internet Software and Services
Revenue 72M USD (2021)
DESCRIPTION

AutoWeb provides consumer leads, clicks and associated marketing services to automotive dealers and manufacturers throughout the United States. The company also provides consumers with original online automotive content to help them make informed car-buying decisions. It pioneered the automotive Internet in 1995 and has since helped tens of millions of automotive consumers research vehicles, connected thousands of dealers nationwide with motivated car buyers, and has helped every major automaker market its brand online. AutoWeb was founded in 1995 and is based in Tampa, Florida.


DEAL STATS #
Overall 1 of 7
Sector (Internet Software and Services) 1 of 5
Type (Merger) 1 of 1
State (Florida) 1 of 2
Country (United States) 1 of 7
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-16 CarSmart.com

San Ramon, California, United States

CarSmart.com is a provider of online information on new and used cars.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-01 iDriveonline

Houston, Texas, United States

iDriveonline, Inc. developed and provided customer loyalty and retention programs for the automotive industry.

Buy $11M