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M&A Deal Summary

Carousell Pte. Acquires Caarly Pte

On October 27, 2016, Carousell Pte. acquired internet software and services company Caarly Pte

Acquisition Highlights
  • This is Carousell Pte.’s 2nd transaction in the Internet Software and Services sector.
  • This is Carousell Pte.’s 1st transaction in Singapore.

M&A Deal Summary
Date 2016-10-27
Target Caarly Pte
Sector Internet Software and Services
Buyer(s) Carousell Pte.
Deal Type Add-on Acquisition

Target

Caarly Pte

Singapore, Singapore
Caarly Pte Ltd. is an online platform where car dealers and individual sellers market used cars.

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Buyer(S) 1

Buyer

Carousell Pte.

Singapore, Singapore
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Carousell Pte. Ltd. is a mobile marketplace app where users can list, buy and sell items in seconds.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Singapore M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 Watch Over Me

Kuala Lumpur, Malaysia

Watch Over Me is a mobile application that enables users to stay connected with family and friends via Global Positioning System tracking.

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