M&A Deal Summary

Blackboxstocks Acquires Evtec

On December 12, 2023, Blackboxstocks acquired automotive company Evtec

Acquisition Highlights
  • This is Blackboxstocks’ 1st transaction in the Automotive sector.
  • This is Blackboxstocks’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-12-12
Target Evtec
Sector Automotive
Buyer(s) Blackboxstocks
Deal Type Add-on Acquisition

Target

Evtec

Coventry, United Kingdom
Evtec is a business group providing complete assemblies and complex engineered components to auto manufacturers, simplifying sourcing, saving time on procurement, and increasing production efficiency. Evtec is based in Coventry, England.

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Buyer(S) 1

Buyer

Blackboxstocks

Dallas, Texas, United States

Category Company
Sector Software
Employees10
Revenue 5M USD (2022)
DESCRIPTION

Blackboxstocks is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Blackboxstocks is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2023) 1 of 1