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New Deal


Announced

CDK Global to acquire Salty Dot.

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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Private

Friendly

Acquisition

Pending

United States

Full Line Insurance

Single Bidder

Domestic

Majority

insurance technology

Synopsis

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CDK Global, an automotive retail technology company, agreed to acquire Salty Dot, an Embedded Insurance technology company. Financial terms were not disclosed. “By joining an industry leader like CDK, Salty gains instant access to nearly 15k retail locations in automotive and related industries, which will accelerate the adoption of our platform and fundamentally change the experience consumers have during and after a vehicle purchase,” James Hall, Salty Founder and CEO.

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