M&A Deal Summary

OjO Electric Acquires Gotcha Mobility

On November 19, 2019, OjO Electric acquired consumer services company Gotcha Mobility for 5M USD

Acquisition Highlights
  • This is OjO Electric’s 1st transaction in the Consumer Services sector.
  • This is OjO Electric’s largest (disclosed) transaction.
  • This is OjO Electric’s 1st transaction in the United States.
  • This is OjO Electric’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2019-11-19
Target Gotcha Mobility
Sector Consumer Services
Buyer(s) OjO Electric
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Gotcha Mobility

Charleston, South Carolina, United States
Gotcha Mobility LLC is an e-mobility company dedicated to providing innovative shared mobility products and technologies that get people out of single-occupancy cars and safely onto efficient, sustainable electric mobility products. Gotcha Mobility LLC is based in Charleston, South Carolina.

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Buyer(S) 1

Buyer

OjO Electric

Oxnard, California, United States

Category Company
Sector Consumer Services
DESCRIPTION

OjO Electric Corp. provides safe, sustainable Light Electric Vehicle (LEV) mobility solutions in collaboration with municipal governments to reduce traffic congestion and carbon emissions. OjO Electric Corp. is based in Oxnard, California.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1