15 Acquisitions in the Automotive industry
Company acquisitions in the Automotive industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 15 acquisitions that took place in the Automotive industry.
Accu-Trade acquired by Cars.com
Details about the transaction:
Acquisition amount: $65,000,000
Announcement: 8 February 2022
Details about the company:
Privately owned Accu-Trade is a provider of automotive accessory technologies.
Headquarter:
Where to find them: Website
Industry: Automotive, Information Technology, Logistics
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
brumbrum acquired by Cazoo
Details about the transaction:
Acquisition amount: $89,924,722
Announcement: 26 January 2022
Details about the company:
Used cars with up to three years of warranty are available for purchase online from Brumbrum.
Headquarter:
Where to find them: Website
Industry: Automotive, E-Commerce, Internet, Rental
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
cap hpi acquired by Top Right Group
Details about the transaction:
Acquisition amount: $33,170,741
Announcement: 1 January 1994
Details about the company:
Cap Hpi is a reliable resource for market information and automobile appraisals.
Headquarter:
Where to find them: Website
Industry: Automotive, Information Services, Risk Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
cigfinancial.com acquired by AutoNation
Details about the transaction:
Acquisition amount: $85,000,000
Announcement: 22 July 2022
Details about the company:
The indirect car financing firm cigfinancial.com, with its headquarters in Irvine, California, was established in 1985.
Headquarter:
Where to find them: Website
Industry: Automotive, Finance
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
E-Mantech acquired by Yachuang Electronics Group
Details about the transaction:
Acquisition amount: $18,344,979
Announcement: 9 January 2022
Details about the company:
E-Mantech is a wholesaler of electronic components and a supplier of Internet of Things solutions.
Headquarter:
Where to find them: Website
Industry: Automotive, Electronics, Hardware, Internet of Things, Sales, Telecommunications
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Elbit Vision Systems acquired by Uster Technologies
Details about the transaction:
Acquisition amount: $32,000,000
Announcement: 12 February 2018
Details about the company:
Elbit Vision Systems offers technological fabric for the composites, garment, home textiles, medical/hygiene, and automotive sectors.
Headquarter:
Where to find them: Website
Industry: Automotive, Manufacturing, Service Industry, Technical Support
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Elite Storage Solutions acquired by Nucor Corporation
Details about the transaction:
Acquisition amount: $75,000,000
Announcement: 5 April 2022
Details about the company:
A warehousing firm called Elite Storage Solutions provides storage options and warehouse space.
Headquarter:
Where to find them: Website
Industry: Automotive, Information Technology, Transportation
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Industrias Dolz acquired by Realza Capital
Details about the transaction:
Acquisition amount: $67,841,408
Announcement: 15 July 2014
Details about the company:
A variety of water pumps, strap kits, thermostats, chain kits, and automotive components are produced and supplied by Industrias Dolz.
Headquarter:
Where to find them: Website
Industry: Automotive, Industrial, Machinery Manufacturing, Productivity Tools
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Karl Etzel GmbH acquired by ABC Technologies
Details about the transaction:
Acquisition amount: $95,000,000
Announcement: 21 January 2022
Details about the company:
An innovative and prosperous medium-sized business, Karl Etzel GmbH specializes in plastic injection molding.
Headquarter:
Where to find them: Website
Industry: Automotive, Manufacturing, Project Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
MOKE acquired by EV Technology
Details about the transaction:
Acquisition amount: $55,100,000
Announcement: 20 July 2022
Details about the company:
Since 2015, the MOKE has been the official manufacturer of MOKE automobiles, and it is still admired for its distinctive look.
Headquarter:
Where to find them: Website
Industry: Automotive, Manufacturing, Transportation
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
RedBumper acquired by CDK Global
Details about the transaction:
Acquisition amount: $34,000,000
Announcement: 24 February 2016
Details about the company:
Bruce Thompson founded RedBumper, a new brand of vehicle inventory management firm.
Headquarter:
Where to find them: Website
Industry: Automotive
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Shengbang Electronics acquired by Sinotec
Details about the transaction:
Acquisition amount: $35,410,965
Announcement: 16 November 2022
Details about the company:
Supplier of electronic parts for automobiles is Shengbang Electronics.
Headquarter:
Where to find them: Website
Industry: Automotive, Electronics, Manufacturing, Supply Chain Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Stahlhammer Bommern GmbH (STB) acquired by Columbus McKinnon
Details about the transaction:
Acquisition amount: $24,600,000
Announcement: 5 January 2015
Details about the company:
The Stahlhammer Bommern GmbH (STB) is a producer of forged components and a wide variety of lifting tools.
Headquarter:
Where to find them: Website
Industry: Automotive, Logistics, Manufacturing
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Technica Engineering acquired by KPIT Technologies
Details about the transaction:
Acquisition amount: $79,949,132
Announcement: 21 September 2022
Details about the company:
To help automakers and their suppliers, Technica Engineering offers testing and vehicle validation solutions.
Headquarter:
Where to find them: Website
Industry: Automotive, Manufacturing, Mechanical Engineering
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
The Floow acquired by Otonomo
Details about the transaction:
Acquisition amount: $69,000,000
Announcement: 27 February 2022
Details about the company:
To make cars safer and more affordable for everyone, The Floow develops the most cutting-edge and affordable telematic systems in the world.
Headquarter:
Where to find them: Website
Industry: Automotive, Fleet Management, Information Technology
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
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