M&A Deal Summary

Repairify Acquires adasThink

On February 24, 2021, Repairify acquired information technology company adasThink

Acquisition Highlights
  • This is Repairify’s 1st transaction in the Information Technology sector.
  • This is Repairify’s 2nd transaction in Canada.
  • This is Repairify’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-02-24
Target adasThink
Sector Information Technology
Buyer(s) Repairify
Deal Type Add-on Acquisition

Target

adasThink

Toronto, Ontario, Canada
adasThink retrieves information related to the vehicle-specific advanced driver-assistance systems (“ADAS”) and identifies required ADAS procedures and calibration based on labor operations in an automotive repair estimate. adasThink is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Repairify

Plano, Texas, United States
Category Company
Founded 2010
Sector Automotive
DESCRIPTION

Repairify is a provider of remote diagnostic solutions and services to the collision industry. asTech provides cutting-edge, expert diagnostics using OEM tools to provide safe and accurate repairs. asTech provides remote diagnostics using its patented device and also provides access to ASE-Certified Master Technicians, who are trained to be virtual diagnosticians. Repairify was established in 2010 and is headquartered in Plano, Texas.

DEAL STATS #
Overall 5 of 10
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 5 of 10
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2021) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 BlueDriver

Mount Pearl, Newfoundland, Canada

Root Four Imagination, Inc. is a provider of direct-to-consumer aftermarket diagnostic scan tools. Root Four Imagination was founded in 2006 and is based in Mount Pearl, Newfoundland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-23 Red

Dunstable, United Kingdom

Red is a provider of aftermarket electronic devices designed to run diagnostic tests and calibration services on automotive electrical systems. Red also provides ADAS services including local, car-side, and remote diagnostic along with sensor calibration, programming, and vehicle health support. A market expert for technical services, solutions, and hard-to-fix vehicles, Red is based in Dunstable, United Kingdom.

Buy -
Mergr

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