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  6. Zipcar Acquires Buffalo Carshare

M&A Deal Summary

Zipcar Acquires Buffalo Carshare

On September 30, 2015, Zipcar acquired transportation company Buffalo Carshare

Acquisition Highlights
  • This is Zipcar’s 2nd transaction in the Transportation sector.
  • This is Zipcar’s 2nd transaction in the United States.
  • This is Zipcar’s 1st transaction in New York.

M&A Deal Summary
Date 2015-09-30
Target Buffalo Carshare
Sector Transportation
Buyer(s) Zipcar
Deal Type Add-on Acquisition

Target

Buffalo Carshare

Buffalo, New York, United States
Buffalo Carshare is a provider of car sharing and rental services.

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Buyer(S) 1

Buyer

Zipcar

Cambridge, Massachusetts, United States
Category Company
Founded 2000
Sector Automotive
Employees496
Revenue 215M USD (2013)
DESCRIPTION

Zipcar, Inc. is a car sharing nad car club service network. It operates membership-based businesses in major metropolitan areas and college campuses in the United States, Canada and the United Kingdom.

DEAL STATS #
Overall 4 of 4
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-25 Local Motion

San Mateo, California, United States

Local Motion, Inc. is a cloud-based platform, get a bird’s eye view of all your vehicles to make on-the-ground decisions anytime, anywhere.

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