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M&A Deal Summary

Zipcar Acquires Denzel Mobility CarSharing

On July 11, 2012, Zipcar acquired transportation company Denzel Mobility CarSharing

Acquisition Highlights
  • This is Zipcar’s 1st transaction in the Transportation sector.
  • This is Zipcar’s 1st transaction in Austria.

M&A Deal Summary
Date 2012-07-11
Target Denzel Mobility CarSharing
Sector Transportation
Buyer(s) Zipcar
Deal Type Add-on Acquisition

Target

Denzel Mobility CarSharing

Vienna, Austria
Denzel Mobility CarSharing GmbH is a car sharing company, provides just under 200 vehicles on an hourly and kilometer based rate, with fixed pick-up and return locations.

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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 2 of 4
Sector: Transportation M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Austria M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-21 Streetcar

London, United Kingdom

Streetcar is the UK market leader in the rapidly growing car club sector; it provides a highly flexible, convenient and cost effective alternative to car ownership.

Buy $32M
FOLLOWING 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.

Buy -
Mergr

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