M&A Deal Summary |
|
|---|---|
| Date | 2019-09-12 |
| Target | Canvas |
| Sector | Internet Software and Services |
| Buyer(s) | Fair.com |
| Sellers(s) | Ford Motor |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2016 |
| Sector | Internet Software and Services |
Fair.com is an app-based marketplace that matches customers with cars based on what they are able to pay each month. Customers get approved and pay for their car through Fair, which owns the vehicle, and pick up the car at a dealership. They can keep the car as long as they want.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-05 |
Skurt
Los Angeles, California, United States Skurt, Inc. is a platform that enables the digital initiation and monitoring of customer car deliveries from a central dashboard, as well as real-time notification, fleet location tracking, and instant communication throughout the process. Skurt, Inc. was founded in 2015 and is based in Los Angeles, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1903 |
| Sector | Automotive |
| Employees | 171,000 |
| Revenue | 185.0B USD (2024) |
Ford Motor produces and sells automobiles under the Ford and Lincoln brands. In addition to the products Ford sells to dealerships for retail sale, the Company also sells vehicles to dealerships for sale to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Ford Motor also sells parts and accessories, primarily to dealerships and to authorized parts distributors. Through its dealerships, Ford Motor also offers extended service contracts to retail customers. Ford Motor was founded in 1903 and is headquartered in Dearborn, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 8 of 9 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 8 of 8 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-02 |
OEC
Fairlawn, Ohio, United States OEC is a provider of software and data solutions that help original equipment manufacturers (OEMs), franchised dealerships, and repairers manage aftermarket parts distribution, supply-chain workflow, e-commerce, and business intelligence in the automotive aftermarket ecosystem. OEC was founded in 2000 and is headquartered in Fairlawn, Ohio, United States. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-17 |
Electriphi
San Francisco, California, United States Electriphi provides a web-based software solution that allows managers of fleets of electric vehicles to track, analyze and optimize the productivity of their electric vehicles. Electriphi offers a suite of services through its software solution including managed charging, electrification planning, and deployment services. Electriphi was founded in 2018 and is based in San Francisco, California. |
Buy | - |
