M&A Deal Summary |
|
|---|---|
| Date | 2007-06-06 |
| Target | Arkona |
| Sector | Software |
| Buyer(s) | Dealertrack |
| Deal Type | Add-on Acquisition |
| Deal Value | 59M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Software |
| Employees | 2,500 |
| Revenue | 948M USD (2015) |
Dealertrack is a provider of digital solutions to the automotive retail industry. The company's cloud-based platform offers a suite of integrated tools and services that help dealerships streamline their operations, improve efficiency, and enhance the customer experience. Dealertrack's solutions cover the entire automotive sales and financing process, from inventory management and vehicle registration to credit application processing and digital retailing. Dealertrack was formed in 2001 and is based in Lake Success, New York.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 24 |
| Sector: Software M&A | 6 of 16 |
| Type: Add-on Acquisition M&A Deals | 8 of 22 |
| State: Utah M&A | 1 of 2 |
| Country: United States M&A | 7 of 19 |
| Year: 2007 M&A | 2 of 4 |
| Size (of disclosed) | 7 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-01 |
Curomax
Mississauga, Ontario, Canada Curomax is an online finance platform in Canada that connects automobile, marine, recreational vehicle, motorcycle, power sport and home improvement dealers across North America to financial institutions and credit bureau providers through a single application over the internet. |
Buy | CA$44M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-06 |
Arkona
South Jordan, Utah, United States Arkona, Inc. is a provider of on-demand dealer management systems for automotive dealerships. |
Buy | $59M |
