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M&A Deal Summary

Motus Acquires Everlance

On February 19, 2025, Motus acquired internet software and services company Everlance

Acquisition Highlights
  • This is Motus’ 1st transaction in the Internet Software and Services sector.
  • This is Motus’ 4th transaction in the United States.
  • This is Motus’ 1st transaction in California.

M&A Deal Summary
Date 2025-02-19
Target Everlance
Sector Internet Software and Services
Buyer(s) Motus
Deal Type Add-on Acquisition

Target

Everlance

San Francisco, California, United States
Everlance is a mileage and expense tracking app designed to help self-employed individuals and businesses save money and time. It offers an automatic, accurate, and easy-to-use solution for tracking miles and expenses, ensuring users maximize their tax deductions and take-home pay. Everlance was founded in 2015 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Motus

Boston, Massachusetts, United States
Category Company
Founded 2004
Sector Software
DESCRIPTION

Motus is a technology-driven provider of vehicle management and reimbursement solutions and other mobile workforce management tools. The company provides a sophisticated configuration engine that incorporates real-time data across hundreds of variables to drive significant cost reductions for companies reimbursing employees for business miles driven while helping to ensure regulatory compliance. Motus was founded in 2004 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-30 Vision Wireless

Augusta, Georgia, United States

Vision Wireless LLC is a mobile expense management firm. Vision Wireless mobile TEM and MMS solutions simplify and streamline all aspects of telecom expense and mobility management.

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