M&A Deal Summary

Driverge Vehicle Innovations Acquires NorCal Van Conversions

On January 18, 2021, Driverge Vehicle Innovations acquired automotive company NorCal Van Conversions

Acquisition Highlights
  • This is Driverge Vehicle Innovations’ 1st transaction in the Automotive sector.
  • This is Driverge Vehicle Innovations’ 1st transaction in the United States.
  • This is Driverge Vehicle Innovations’ 1st transaction in California.

M&A Deal Summary

Date 2021-01-18
Target NorCal Van Conversions
Sector Automotive
Buyer(s) Driverge Vehicle Innovations
Deal Type Add-on Acquisition

Target

NorCal Van Conversions

Chico, California, United States
NorCal Vans, Inc. is a designer of accessible, shuttle, vocational, secure transport, and healthcare vans. NorCal Vans is based in Chico, California.

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Buyer(S) 1

Buyer

Driverge Vehicle Innovations

Richfield, Ohio, United States

Category Company
Sector Automotive
DESCRIPTION

Driverge Vehicle Innovations LLC is a builder of commercial accessible vans, shuttles, transporters, work vans and recreational vehicles. Driverge Vehicle Innovations is based in Richfield, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1