Tech Company M&A Transactions
Dealer.com Acquisition
Headquartered in Burlington, Dealer.com was purchased by Dealertrack Technologies. Deal value was $992 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/20/2013
Transaction Type
M&A
Amount
$992,000,000
M&A Terms
Under the terms of the agreement, Dealertrack will acquire all the equity of Dealer.com for approximately 8.7 million shares of Dealertrack's common stock and $620 million in cash, subject to customary post-closing adjustments. Dealertrack expects to finance the cash portion of the purchase price through cash on hand and with fully committed debt financing.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1 Howard St.
Burlington, VT 05401
USA
Burlington, VT 05401
USA
Phone
Website
Email Address
Overview
Dealer.com is the global leader in online marketing solutions for the automotive industry, providing award winning e-marketing solutions to auto dealers, OEM's and media companies. More dealerships use the Dealer.com platform than any other platform in the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Jason Chapnik
Chief Executive Officer
Rick Gibbs
Chief Operating Officer
Mike Lane
Founder
Mark Bonfigli
VP - Customer Service
Tom O'Leary
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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