M&A Deal Summary

J.D. Power Acquires ALG

On August 6, 2020, J.D. Power acquired business services company ALG from TrueCar for 135M USD

Acquisition Highlights
  • This is J.D. Power’s 1st transaction in the Business Services sector.
  • This is J.D. Power’s largest (disclosed) transaction.
  • This is J.D. Power’s 5th transaction in the United States.
  • This is J.D. Power’s 2nd transaction in California.

M&A Deal Summary
Date 2020-08-06
Target ALG
Sector Business Services
Buyer(s) J.D. Power
Sellers(s) TrueCar
Deal Type Divestiture
Deal Value 135M USD

Target

ALG

Santa Barbara, California, United States
ALG has been helping automotive manufacturers, financial institutions, and fleet companies increase profitability, reduce risk, and gain overall market intelligence with specializing in automotive residual values, analytical data products, and hands-on, pragmatic business consultation. ALG excels in providing: 1) Residual value and depreciation forecasting, 2) Consulting services for manufacturers, financial institutions, and fleet companies, 3) Lease and loan portfolio risk analysis and securitization valuations, 4) Data analysis products, 5) Custom modeling tools for residual values and remarketing. ALG was formed in 1964 and is based in Santa Barbara, California.

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Buyer(S) 1

Buyer

J.D. Power

Westlake Village, California, United States
Category Company
Founded 1968
Sector Information Services
Employees800
DESCRIPTION

J.D. Power is a marketing information services company providing performance improvement, social media, and customer satisfaction insights and solutions. J.D. Power was founded in 1968 and is based in Westlake Village, California.

DEAL STATS #
Overall 6 of 11
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 4
State (California) 2 of 2
Country (United States) 5 of 9
Year (2020) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-20 Trilogy Automotive

Austin, Texas, United States

Trilogy Automotive provides enterprise-level, SaaS-based automotive lead and digital management platforms, enabling OEMs and dealers to maximize the efficiency and effectiveness of their digital marketing spend. The platform improves coordination between OEMs, dealers and third parties while generating real-time insights on consumer behavior.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Inventory Command Center

Bohemia, New York, United States

Inventory Command Center LLC is an automotive Inventory management SaaS-based platform. Inventory Command Center helps in recognizing the selling a car is more than just presenting a consumer with a good price, ICC launched the first of its kind Vehicle Value Reports for New and Used inventory. Inventory Command Center is based in Bohemia, New York.

Buy -

Seller(S) 1

SELLER

TrueCar

Santa Monica, California, United States
Category Company
Founded 2005
Sector Internet Software and Services
Employees324
Revenue 159M USD (2023)
DESCRIPTION
TrueCar office in West Los Angeles, California.
TrueCar office in West Los Angeles, California.

TrueCar is an information and technology platform that enables its users to communicate with TrueCar Certified Dealers for a hassle-free car-buying experience. TrueCar was formed in 2005 and is based in Santa Monica, California.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 DealerScience

Boston, Massachusetts, United States

DealerScience LLC is a provider of digital retailing software tools to the automotive industry, enabling dealers to desk deals, create website specials and respond to customer inquiries faster, easier and more accurately. DealerScience was founded in 2011 and is headquartered in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 Digital Motors

Irvine, California, United States

Digital Motors is an automotive retail and financial technology (FinTech) platform that provides complete online sales solutions throughout the United States and Canada. Digital Motors is based in Irvine, California.

Buy -
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