M&A · Industrials · Buyer's industry: Retail-Auto Dealers & Gasoline Stations
KAR Auction Services, Inc. to acquire CARWAVE Holdings LLC
Announced Aug 23, 2021 · Closed Oct 14, 2021 · Private target
Deal value$450M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- KAR Auction Services, Inc. (KAR)
- Target
- CARWAVE Holdings LLC
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Oct 14, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Industrials
- Buyer's industry
- Retail-Auto Dealers & Gasoline Stations