M&A Deal Summary

Cox Automotive Acquires Spiers New Technologies

On September 1, 2021, Cox Automotive acquired automotive company Spiers New Technologies

Acquisition Highlights
  • This is Cox Automotive’s 2nd transaction in the Automotive sector.
  • This is Cox Automotive’s 7th transaction in the United States.
  • This is Cox Automotive’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2021-09-01
Target Spiers New Technologies
Sector Automotive
Buyer(s) Cox Automotive
Deal Type Add-on Acquisition

Target

Spiers New Technologies

Oklahoma City, Oklahoma, United States
Spiers New Technologies is a full-service provider of "4R" services (repair, remanufacturing, refurbishing, and repurposing) for advanced battery packs used in hybrid and electric vehicles. SNT's 4R services allow vehicle OEM's to optimize the life cycle management of their battery pack inventory and maximize its value. Spiers New Technologies was founded in 2015 and is based in Oklahoma City.

Search 201,771 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

Cox Automotive

Atlanta, Georgia, United States
Category Company
Founded 1997
Sector Marketing
Employees3,300
DESCRIPTION
Cox Automotive's corporate headquarters in Atlanta, Georgia.
Cox Automotive's corporate headquarters in Atlanta, Georgia.

Cox Automotive is a provider of vehicle remarketing services and digital marketing and software solutions for consumers, dealers, manufacturers and the overall automotive industry.

DEAL STATS #
Overall 9 of 12
Sector (Automotive) 2 of 4
Type (Add-on Acquisition) 6 of 9
State (Oklahoma) 1 of 1
Country (United States) 7 of 10
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Dickinson Fleet Services

Indianapolis, Indiana, United States

Dickinson Fleet Services LLC is a provider of on-site mobile maintenance and repair services nationwide, offering mobile on-site fleet service for light medium, and heavy-duty trucks and trailers. Dickinson Fleet Services was founded in 1997 and is headquartered in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-07 MobiCare

Jacksonville, Florida, United States

MobiCare is a full-service, 24/7 commercial fleet, and truck maintenance, provider. MobiCare provides one-stop repair and service RV and Motor Home capability. MobiCare has dedicated and trained mechanics to handle any problems from oil changes to complete engine overhauls, house issues to body and paint. MobiCare is based in Jacksonville, Florida.

Buy -
Mergr

Product

Company

Legal