Announced
Completed
Financials
Sources
Tags
financial sercives
Completed
United States
Domestic
Single Bidder
Majority
Acquisition
Private
FinTech
Friendly
Synopsis
Cars.com, a automotive marketplace platform that provides a robust set of industry-specific digital solutions, completed the acquisition of CreditIQ, a cutting-edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying, for $80m. "The acquisition of this scalable technology supports our vision of creating frictionless omni-channel experiences and further growing our platform capabilities for buyers and sellers, building on our competitive advantage and delivering additional value to our shareholders." Alex Vetter, Cars.com President and CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.