M&A Deal Summary |
|
|---|---|
| Date | 2016-11-15 |
| Target | Flint Auto Auction |
| Sector | Business Services |
| Buyer(s) | Openlane |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Business Services |
| Employees | 4,080 |
| Revenue | 1.8B USD (2024) |
Openlane provides sellers and buyers across the global wholesale used-vehicle industry with innovative, technology-driven remarketing solutions. Openlane’s unique end-to-end platform supports whole car, financing, logistics, and other ancillary and related services. Its integrated physical, online and mobile marketplaces reduce risk, improve transparency, and streamline transactions for customers in more than 80 countries. Openlane was formed in 2006 and is headquartered in Carmel, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 17 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 6 of 13 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 6 of 12 |
| Year: 2016 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-01 |
GRS Remarketing
Chester, United Kingdom GRS Remarketing Ltd. is a successful online vehicle remarketing business in the UK through robust technology, effective sales and operations, a healthy buyer network and strong relationships with commercial customers. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-19 |
CarCo Technologies
Chicago, Illinois, United States CarCo Technologies, Inc. (dba Drivin) is a provider of data-driven tools and decision-support among wholesale used-vehicle sellers and buyers. CarCo Technologies was founded in 2014 and is based in Chicago, Illinois. |
Buy | $43M |
