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M&A Deal Summary

DriveItAway Acquires DriveItAway

On December 9, 2021, DriveItAway acquired internet software and services company DriveItAway

Acquisition Highlights
  • This is DriveItAway’s 1st transaction in the Internet Software and Services sector.
  • This is DriveItAway’s 3rd transaction in the United States.
  • This is DriveItAway’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-12-09
Target DriveItAway
Sector Internet Software and Services
Buyer(s) DriveItAway
Deal Type Add-on Acquisition

Target

DriveItAway

Haddonfield, New Jersey, United States
DriveItAway is a provider of mobility platform that enables automobile dealers to sell more vehicles in a seamless way through eCommerce, with its exclusive Pay as You Go app-based subscription program. DriveItAway is based in Haddonfield, New Jersey.

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Buyer(S) 1

Buyer

DriveItAway

Philadelphia, Pennsylvania, United States
Category Company
Sector Franchising
Employees6
Revenue 3M USD (2020)
DESCRIPTION

DriveItAway owns and develops three unique and highly successful franchised children’s enrichment programs: Bricks 4 Kidz, Challenge Island and Sew Fun Studios.

DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-29 Bricks4Schoolz

Atlanta, Georgia, United States

Bricks4Schoolz is a brick-building and video game-based, blended learning program that focuses on reducing math anxiety in elementary school students. Bricks4Schoolz is based in Atlanta, Georgia.

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