M&A Deal Summary

Polk Acquires CARFAX

On August 3, 1999, Polk acquired information services company CARFAX

Acquisition Highlights
  • This is Polk’s 1st transaction in the Information Services sector.
  • This is Polk’s 1st transaction in the United States.
  • This is Polk’s 1st transaction in Virginia.

M&A Deal Summary
Date 1999-08-03
Target CARFAX
Sector Information Services
Buyer(s) Polk
Deal Type Add-on Acquisition

Target

CARFAX

Centreville, Virginia, United States
CARFAX is a provider of vehicle history expert information for used car buyers, sellers and the automotive industry in the US. The Company was formed in 1984 and is based in Centreville, Virginia.

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Buyer(S) 1

Buyer

Polk

Southfield, Michigan, United States
Category Company
Sector Information Services
DESCRIPTION

Polk is a provider of automotive information and marketing solutions. The organization collects and interprets global data, and provides extensive automotive business expertise to help customers understand their market position, identify trends, build brand loyalty, conquer new business and gain a competitive advantage. Polk helps automotive manufacturers and dealers, automotive aftermarket companies, finance and insurance companies, advertising agencies, media companies, consulting organizations, government agencies and market research firms make good business decisions. Polk is based in Southfield, Michigan.

DEAL STATS #
Overall 1 of 2
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 2
Year (1999) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 Automotive Information Center

Westborough, Massachusetts, United States

Automotive Information Center is a provider of automotive information to the automotive industry.

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