M&A Deal Summary

Gruppo Editoriale Agepe Srl Acquires MotorK - DriveK Business Unit

On December 15, 2022, Gruppo Editoriale Agepe Srl acquired internet software and services company MotorK - DriveK Business Unit from MotorK

Acquisition Highlights
  • This is Gruppo Editoriale Agepe Srl’s 1st transaction in the Internet Software and Services sector.
  • This is Gruppo Editoriale Agepe Srl’s 1st transaction in Italy.

M&A Deal Summary

Date 2022-12-15
Target MotorK - DriveK Business Unit
Sector Internet Software and Services
Buyer(s) Gruppo Editoriale Agepe Srl
Sellers(s) MotorK
Deal Type Divestiture

Target

MotorK - DriveK Business Unit

Milan, Italy
MotorK's DriveK Business Unit provides new car marketplace for consumers to select, compare and configure their next new car in Italy, France, Spain and Germany.

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Buyer(S) 1

Buyer

Gruppo Editoriale Agepe Srl

Milano, Italy

Category Company
Sector Publishing
DESCRIPTION

Publishing group specialized in trade magazines for the distribution, food, entertainment, ICT, building, home&aoffice industries.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

MotorK

Milan, Italy

Category Company
Founded 2010
Sector Internet Software and Services
Employees341
Revenue 40M EUR (2024)
DESCRIPTION

MotorK is a software-as-a-service (SaaS) provider for the automotive retail industry in the EMEA region. MotorK empowers car manufacturers and dealers to improve their customer experience through a broad suite of fully integrated digital products and services. MotorK was founded in 2010 and is based in Milan, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-20 WebMobil24

Frankfurt, Germany

WebMobil24 is a software provider of stock management solutions and e-commerce platforms to automotive dealers and OEMs. WebMobil24 is based in Frankfurt, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-15 GestionaleAuto

Bassano del Grappa, Italy

GestionaleAuto is an automotive retail solutions provider that serves over 2,000 dealerships. The Company provides car dealers with a comprehensive suite of digital solutions focused on multi-publishing stock management, omnichannel digital showroom capability, and lead generation and follow-up. GestionaleAuto was formed in 2004 and is based in Bassano del Grappa, 36061, Italy.

Buy -