Add-on Acquisition • Automotive

Ideanomics Acquires VIA

On January 26, 2023, Ideanomics acquired automotive company VIA

Acquisition Context
  • This is Ideanomics’ 4th transaction in the Automotive sector.
  • This is Ideanomics’ 7th transaction in the United States.
  • This is Ideanomics’ 2nd transaction in Utah.

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M&A Deal Summary

Date January 26, 2023
Target VIA
Sector Automotive
Buyer(s) Ideanomics
Deal Type Add-on Acquisition

Target Company

VIA

Orem, Utah, United States
VIA is an all-electric commercial vehicle manufacturer focused on transforming commercial fleets and last-mile delivery. VIA was formed in 2010 and is based in
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Buyer Overview 1

Buyer

Ideanomics

New York, New York, United States

Category Company
Founded 2004
Sector Software
Employees295
Revenue 15M USD (2023)
DESCRIPTION

Ideanomics is a global fintech advisory and Platform-as-a-Service company. Ideanomics combines deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services. Ideanomics was founded in 2004 and is based in New York, New York.


Deal Context for Buyer #
Overall 9 of 9
Sector: Automotive 4 of 4
Type: Add-on Acquisition 7 of 7
State: Utah 2 of 2
Country: United States 7 of 7
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 Energica

Modena, Italy

Energica is a manufacturer and distributor of high-performance, 100% battery-powered electric motorcycles. Energica's lineup of high-performance electric motorcycles is available in the U.S., European markets, and in Asia, the Middle East, and Africa. Energica is based in Modena, Italy.

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