M&A Deal Summary

Internet Brands Acquires Auto Credit Express

On June 1, 2016, Internet Brands acquired financial services company Auto Credit Express

Acquisition Highlights
  • This is Internet Brands’ 1st transaction in the Financial Services sector.
  • This is Internet Brands’ 19th transaction in the United States.
  • This is Internet Brands’ 1st transaction in Michigan.

M&A Deal Summary

Date 2016-06-01
Target Auto Credit Express
Sector Financial Services
Buyer(s) Internet Brands
Deal Type Add-on Acquisition

Target

Auto Credit Express

Auburn Hills, Michigan, United States
Auto Credit Express, Inc. is a provider of lender and dealer connections for people who need new and used car loans.

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Buyer(S) 1

Buyer

Internet Brands

El Segundo, California, United States

Category Company
Founded 1998
Sector Digital Media
DESCRIPTION

Internet Brands is an internet media company that owns and operates online media, community, and e-commerce websites in vertical markets. Internet Brands was founded in 1998 and is based in El Segundo, California.


DEAL STATS #
Overall 20 of 27
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 17 of 21
State (Michigan) 1 of 1
Country (United States) 19 of 26
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-15 Demandforce

San Francisco, California, United States

Demandforce’s software as a service, or SaaS, application is used by thousands of small businesses to automate marketing and customer communications, build and maintain a strong online reputation and raise their profile with local consumers.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-21 Fodor s Travel

New York, New York, United States

Fodor's Travel is a resource offering expert travel advice for every stage of a traveler’s trip. Fodor’s publishes more than 150 active print guides, over 250 e-book titles, and 25 mobile apps, and has more than one million cumulative subscribers to its daily and weekly newsletters.

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