Add-on Acquisition • E-Commerce

ECS Tuning Acquires EVANNEX

On November 16, 2021, ECS Tuning acquired e-commerce company EVANNEX

Acquisition Context

This is ECS Tuning’s 1st transaction in the E-Commerce sector.
This is ECS Tuning’s 3rd transaction in the United States.
This is ECS Tuning’s 1st transaction in Florida.

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M&A Deal Summary
Date	November 16, 2021
Target	EVANNEX
Sector	E-Commerce
Buyer(s)	ECS Tuning
Deal Type	Add-on Acquisition

Target Company

EVANNEX

Deerfield, Florida, United States

EVANNEX is a premier website selling aftermarket accessories for Tesla vehicles and the emerging electric vehicle (EV) market. EVANNEX was founded in 2012 and is based in Deerfield, Florida.

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Buyer Overview 1

Buyer

ECS Tuning

Wadsworth, Ohio, United States

Category	Company
Sector	Automotive

DESCRIPTION

ECS Tuning is a provider of designs, produces, and sells proprietary parts and kits for a rapidly growing number of automotive makes and models, and it partners with hundreds of other performance brands to bring the enthusiast community an unparalleled customer experience. ECS Tuning is based in Wadsworth, Ohio.

Deal Context for Buyer	#
Overall	3 of 3
Sector: E-Commerce	1 of 1
Type: Add-on Acquisition	3 of 3
State: Florida	1 of 1
Country: United States	3 of 3
Year: 2021	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-02-16	Z1 Motorsports Carrollton, Georgia, United States Z1 Motorsports, Inc. is a direct-to-consumer e-commerce retailer of automotive aftermarket parts, components, and kits for Nissan and Infiniti vehicles, primarily serving owners of performance-oriented Nissan Z and Infiniti G models and their Infiniti variants. Z1 Motorsports, Inc. was founded in 2000 and headquartered in Carrollton, Georgia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-02-16

Z1 Motorsports

Carrollton, Georgia, United States

Z1 Motorsports, Inc. is a direct-to-consumer e-commerce retailer of automotive aftermarket parts, components, and kits for Nissan and Infiniti vehicles, primarily serving owners of performance-oriented Nissan Z and Infiniti G models and their Infiniti variants. Z1 Motorsports, Inc. was founded in 2000 and headquartered in Carrollton, Georgia.

Buy

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