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M&A Deal Summary

VAuto Acquires iReconCars

On January 16, 2019, VAuto acquired internet software and services company iReconCars

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

M&A Deal Summary
Date 2019-01-16
Target iReconCars
Sector Internet Software and Services
Buyer(s) VAuto
Deal Type Add-on Acquisition

Target

iReconCars

Athens, Ohio, United States
iReconCars LLC is a used car reconditioning management platform that allows dealers to automate the reconditioning process to control expenses, reduce mistakes and delays, manage third-party partners, and improve customer satisfaction and trust. iReconCars was founded in 2011 and is based in Athens, Ohio.

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Buyer(S) 1

Buyer

VAuto

Oak Brook, Illinois, United States
Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

VAuto, Inc. the automotive retail industry’s is a provider of advanced software tools for used vehicle management, pricing and inventory optimization.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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