Investment Summary

Manheim Invests In CarBizz

On August 12, 2014, Manheim invested in automotive company CarBizz

Investment Highlights
  • This is Manheim’s 1st transaction in the Automotive sector.
  • This is Manheim’s 1st transaction in Brazil.

Investment Summary

Date 2014-08-12
Target CarBizz
Sector Automotive
Investor(s) Manheim
Deal Type Stake Purchase

Target

CarBizz

São Paulo, Brazil
CarBizz specializes in the remarketing of used trucks and large fleets. Company is an fastest growing automotive markets in the world, and this first move into that market supports.

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Investor(S) 1

Investor

Manheim

Atlanta, Georgia, United States

Category Company
Founded 1945
Sector Automotive
Employees20,000
DESCRIPTION

Manheim was established in 1945 as a wholesale vehicle auction operation. With 20,000 employees in 107 operating locations around the globe, Manheim is the world’s leading provider of vehicle remarketing services. In 2012, Manheim handled nearly 8 million used vehicles, facilitating transactions representing more than $50 billion in value.


DEAL STATS #
Overall 2 of 3
Sector: Automotive M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-07 Dealer Services

Carmel, Indiana, United States

Dealer Services Corporation offers full service operations throughout the U.S. and is the largest independently-owned inventory finance provider for used automobiles. DSC provides flexible and cost effective inventory financing solutions to dealership operations in the areas of: Retail, Wholesale, Rental, Salvage, and various aftermarket products including Insurance and Lender Access.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-23 Synthetik Applied Technologies - Undercarriage Imaging Technology

Austin, Texas, United States

Synthetik Applied Technologies' Undercarriage Imaging Technology includes the deployment of Fyusion-powered handheld imaging at all locations, which produced the highest resolution condition report images in the industry. Synthetik Applied Technologies' Undercarriage Imaging Technology is based in Austin, Texas.

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