M&A Deal Summary

CAR Group Acquires DeMotores

On January 31, 2017, CAR Group acquired internet software and services company DeMotores from La Nacion SA for 7M AUD

Acquisition Highlights
  • This is CAR Group’s 3rd transaction in the Internet Software and Services sector.
  • This is CAR Group’s largest (disclosed) transaction.
  • This is CAR Group’s 1st transaction in Argentina.

M&A Deal Summary
Date 2017-01-31
Target DeMotores
Sector Internet Software and Services
Buyer(s) CAR Group
Sellers(s) La Nacion SA
Deal Type Divestiture
Deal Value 7M AUD

Target

DeMotores

Argentina
DeMotores is an online platform that provides cars, trucks, vans, SUVs, motorcycles and SUVs so you can get the vehicle you are looking for quickly and easily.

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Buyer(S) 1

Buyer

CAR Group

Richmond, Australia
Category Company
Founded 1997
Sector Internet Software and Services
Employees2,000
Revenue 1.1B AUD (2024)
DESCRIPTION

CAR Group provides online automotive, motorcycle and marine classifieds business in Australia. CAR Group was founded in 1997 and is based in Melbourne, Australia.

DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 3 of 4
Type (Divestiture) 1 of 1
Country (Argentina) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-25 Chileautos Limitada

Santiago, Chile

Chileautos Limitada is an online platform that provides users to buy and sell vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Trader Interactive

Virginia Beach, Virginia, United States

Trader Interactive is a provider of online marketplaces and digital marketing products serving the lifestyle vehicles and commercial equipment segments. Trader Interactive is based in Virginia Beach, Virginia.

Buy -

Seller(S) 1

SELLER

La Nacion SA

Buenos Aires, Argentina
Category Company
Founded 1870
Sector Media
DESCRIPTION

La Nacion SA is a provider and publisher of political, sports, and entertainment news.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Argentina) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-12 ImpreMedia

Los Angeles, California, United States

ImpreMedia LLC is a news and Information company in the United States in Online and Print.

Buy -
Mergr

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