M&A · Tech · Services-Computer Programming, Data Processing, Etc.
One Planet Group to acquire AutoWeb, Inc.
Announced Jul 25, 2022 · Closed Aug 31, 2022
Deal value$5MEV $2M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$0.39 per share
Transaction
- Acquirer
- One Planet Group
- Target
- AutoWeb, Inc.
- Buyer type
- Strategic
- Offer price per share
- $0.39
- Enterprise value
- $2M
- Status
- Closed Aug 31, 2022
Deal protections
- Break fee (target pays)
- $0.3M · 4.6%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Not disclosed
- To the target
- Houlihan Lokey
Sector context · Tech
- Comparable deals
- 72 in the prior 24 months
- Premium
- Sector median 33.0%
- EV / Adj. EBITDA
- Sector median 17.8x
- Break fee
- 4.6% vs. 3.0% sector median
Timeline
- AnnouncedJul 25, 2022
- Tender offerJul 25, 2022
- ClosedAug 31, 2022