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  5. GO Acquires Clevon

M&A Deal Summary

GO Acquires Clevon

On June 30, 2025, GO acquired automotive company Clevon

Acquisition Highlights
  • This is GO’s 1st transaction in the Automotive sector.
  • This is GO’s 1st transaction in Estonia.

M&A Deal Summary
Date 2025-06-30
Target Clevon
Sector Automotive
Buyer(s) GO
Deal Type Add-on Acquisition

Target

Clevon

Viljandi, Estonia
Clevon develops and manufactures autonomous delivery robots, making last-mile delivery more innovative, environmentally friendly, and efficient on public roads throughout Europe and in America. Clevon was formed in 2022 and is headquartered in Viljandi, Estonia.

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Buyer(S) 1

Buyer

GO

Woburn, Massachusetts, United States
Category Company
Founded 2010
Sector Automotive
DESCRIPTION

GO is a mobility tech company providing next-gen EVs, AVs, and transport services for sustainable local ride-hail and deliveries, with superior user experience and unit economics. GO's patented SmartWheels™ power Smart EVs and AVs called the Flow Ride and Flow Cargo are roomier, smoother, and safer, yet more efficient and economical. IndiGO's GO Loop provides local electric transport services (LETS) with Smart EVs, Service Hubs, and Smart Driver Management to supply mobility companies with cost-effective rides and deliveries. GO was formed in 2010 and is headquartered in Woburn, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Estonia M&A 1 of 1
Year: 2025 M&A 1 of 1
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