Tech Company M&A Transactions
Vast Acquisition
Based in Austin, Vast was bought by Vroom. Financial terms set the valuation at $120 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/16/2020
Transaction Type
M&A
Amount
$120,000,000
M&A Terms
The deal is worth approximately $120 million, subject to adjustment, and is comprised by roughly 60% cash and 40% Vroom common stock. The exact cash-stock split will be determined when the deal closes, which is expected to happen in January.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
612 W. 4th St.
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
At Vast.com, our mission is to build the world's widest, deepest, freshest and cleanest database of classified ads. We invest in superior technology for rooting out ads, wherever they may be, and for parsing and tagging them to make them easier to search.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Price
Chief Scientific Officer
David Franke
Chief Technical Officer
Graham Sanderson
VP - Bus. Development
Doug Eddy
VP - Product Management
Chad Bockius
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