M&A Deal Summary

Earnix Acquires Driveway Software

On July 22, 2021, Earnix acquired software company Driveway Software

Acquisition Highlights
  • This is Earnix’s 1st transaction in the Software sector.
  • This is Earnix’s 1st transaction in the United States.
  • This is Earnix’s 1st transaction in California.

M&A Deal Summary

Date 2021-07-22
Target Driveway Software
Sector Software
Buyer(s) Earnix
Deal Type Add-on Acquisition

Target

Driveway Software

Aliso Viejo, California, United States
Driveway Software is an AI-powered telematics provider. Driveway Software is based in Aliso Viejo, California.

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Buyer(S) 1

Buyer

Earnix

Givatayim, Israel

Category Company
Sector Business Services
DESCRIPTION

Earnix is a provider of advanced rating, pricing, and product personalization solutions for insurers and banks. Earnix is based in Givatayim, Israel.


DEAL STATS #
Overall 1 of 1
Sector: Software 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