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Announced

Completed

Everlance completed the acquisition of TrackMyDrive.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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business mileage tracking

Majority

Friendly

Private

United States

Completed

Single Bidder

Digital Services

Acquisition

Synopsis

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Everlance, a provider of tools for mobile workers, completed the acquisition of TrackMyDrive, a business mileage tracking solutions provider. Financial terms were not disclosed. "We really admire what Steve has built with TrackMyDrive. It's clear to us that he is deeply passionate about solving problems for his customers and we look forward to what we can accomplish together," Alex Marlantes, Everlance CEO.

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