M&A Deal Summary

Getaround Acquires Drivy

On April 24, 2019, Getaround acquired internet software and services company Drivy for 300M USD

Acquisition Highlights
  • This is Getaround’s 1st transaction in the Internet Software and Services sector.
  • This is Getaround’s largest (disclosed) transaction.
  • This is Getaround’s 1st transaction in France.

M&A Deal Summary
Date 2019-04-24
Target Drivy
Sector Internet Software and Services
Buyer(s) Getaround
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

Drivy

Paris, France
Drivy is a carsharing platform - with 55,000 cars shared across six countries. Drivy app allows drivers to find a nearby car, open it with their smartphone and drive away. Drivy was founded in 2010 and is based in Paris, France.

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Buyer(S) 1

Buyer

Getaround

San Francisco, California, United States
Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Getaround connects safe, convenient, and affordable cars with people who need them to live and work. Getaround is the world's first carsharing marketplace offering a 100% digital experience with proprietary technology and data that make sharing vehicles superior to owning them. Getaround was founded in 2009 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 3
Type (Add-on Acquisition) 1 of 2
Country (France) 1 of 1
Year (2019) 1 of 2
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 Nabobil.no AS

Oslo, Norway

Nabobil.no AS is a peer-to-peer carsharing platform. Nabobil marketplace has 180,000 registered users and 7,000 cars available to rent. Nabobil.no AS was founded in 2015 and is based in Oslo, Norway.

Buy $12M
Mergr

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