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New Deal


Announced

Uber to acquire Autocab.

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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software development

Majority

Friendly

Private

Acquisition

Pending

Single Bidder

Software

United Kingdom

mobility solutions

Synopsis

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Uber, an American multinational ride-hailing company, agreed to acquire Autocab, a supplier of private hire taxi booking and taxi dispatch software. Financial terms were not disclosed. "Autocab has been working with local operators across the world to provide the technology to make them more efficient and open up a marketplace to provide more trips. Working with Uber we can scale up our ambitions, providing hundreds of thousands of additional trips for our customers, and help cement the place of licenced operators in their local community," Safa Alkateb, Autocab CEO.

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