M&A Deal Summary |
|
|---|---|
| Date | 2016-03-11 |
| Target | Cruise Automation |
| Sector | Technology Hardware |
| Buyer(s) |
General Motors
Walmart |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.0B USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1908 |
| Sector | Automotive |
| Employees | 163,000 |
| Revenue | 187.4B USD (2024) |
General Motors is a global manufacturer of cars, trucks, and auto parts. General Motors' automotive group is separated into GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). GMNA develops vehicles manufactured and marketed under the Buick, Cadillac, Chevrolet and GMC brands. Outside of North America, vehicles are developed, manufactured and marketed under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel and Vauxhall brands. GM also has equity ownership stakes directly or indirectly in entities through various regional subsidiaries, primarily in Asia. These companies design, manufacture and market vehicles under the Alpheon, Baojun, Buick, Cadillac, Chevrolet, Jiefang and Wuling brands. In addition to the products GM sells to dealers for consumer retail sales, GM also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. General Motors was founded in 1908 and is based in Detroit, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector: Technology Hardware M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 3 of 5 |
| Year: 2016 M&A | 2 of 3 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-18 |
SideCar
San Francisco, California, United States SideCar LLC (Side.cr) is a provider of car sharing services accessible via a mobile app. The Company was formed in 2011 and shutdown in 2015. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-02 |
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. |
Buy | - |
Walmart is a discount retailer with operations across the globe. Walmart was formed in 1945 and is based in Bentonville, Arkansas.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 23 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 17 |
| State: California M&A | 1 of 5 |
| Country: United States M&A | 3 of 16 |
| Year: 2016 M&A | 1 of 2 |
| Size (of disclosed) | 6 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-23 |
Simplexity
Reston, Virginia, United States Simplexity is an online seller of wireless services and products. Simplexity is based in Reston, Virginia. |
Buy | $10M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-08 |
Jet.com
Hoboken, New Jersey, United States Jet.com, Inc. is an online retailer offering household items, electronics, pet supplies and related items. Jet.com was formed in 2013 and is based in Hoboken, New Jersey. |
Buy | $3.3B |
