M&A Deal Summary

Overfuel Acquires 321 Ignition

On September 28, 2023, Overfuel acquired internet software and services company 321 Ignition

Acquisition Highlights
  • This is Overfuel’s 1st transaction in the Internet Software and Services sector.
  • This is Overfuel’s 1st transaction in the United States.
  • This is Overfuel’s 1st transaction in Washington.

M&A Deal Summary

Date 2023-09-28
Target 321 Ignition
Sector Internet Software and Services
Buyer(s) Overfuel
Deal Type Add-on Acquisition

Target

321 Ignition

Bellevue, Washington, United States
321 Ignition is a car-buying website platform. 321 Ignition was founded in 2018 and is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

Overfuel

Indianapolis, Indiana, United States

Category Company
Founded 2022
Sector Internet Software and Services
DESCRIPTION

Overfuel is the automotive industry's first no-code, mobile-first website platform with built-in digital retailing, superior user interfaces (UI), localized SEO and secure online payments. Overfuel provides dealerships with state-of-the-art technology to grow their website traffic, connect with more customers and convert more leads all in one place. Overfuel was founded in 2022 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1