M&A Deal Summary

Wrench Acquires Lemon Squad

On September 15, 2020, Wrench acquired automotive company Lemon Squad

Acquisition Highlights
  • This is Wrench’s 1st transaction in the Automotive sector.
  • This is Wrench’s 1st transaction in the United States.
  • This is Wrench’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2020-09-15
Target Lemon Squad
Sector Automotive
Buyer(s) Wrench
Deal Type Add-on Acquisition

Target

Lemon Squad

Pequot Lakes, Minnesota, United States
Lemon Squad is an automotive inspection company with the largest network of ASE-certified inspectors covering the entire USA including Hawaii and Alaska. Lemon Squad is based in Pequot Lakes, Minnesota.

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Buyer(S) 1

Buyer

Wrench

Seattle, Washington, United States

Category Company
Founded 2015
Sector Automotive
DESCRIPTION

Wrench is a mobile vehicle maintenance and repair solution provider, users can schedule at their location of choice via the Wrench mobile app. Wrench was founded in 2015 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-02 YourMechanic

Mountain View, California, United States

YourMechanic is a mobile vehicle repair network. The Company was founded in 2012 and is based in Mountain View, California.

Buy -