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New Deal


Announced

Completed

Insight Partners led a $18m financing round in CarOnSale.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Germany

Completed

Private Equity

Acquisition

car platform

Cross Border

Friendly

Venture Capital

Online and Social Platforms

Minority

Single Bidder

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $18m financing round in CarOnSale, an online B2B auction-based platform for used vehicles. CarOnSale, founded in 2018 by Tekin Has, Tom Krüger, Fabian Roth and Oguz Özgüler, developed digital service throughout which the car dealerships can market their vehicles and sell them to car dealers. CarOnSale previously raised seed funding from Creandum in 2019.

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