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Announced

Completed

Cortec Group-backed Enthusiast Auto Holdings completed the acquisition of EVANNEX.

Synopsis

Cortec Group-backed Enthusiast Auto Holdings, an automobile e-commerce platform, completed the acquisition of EVANNEX, a retailer of Tesla accessories and after-market parts. Financial terms were not disclosed. "EVANNEX has an outstanding reputation within the EV community, and their knowledge of Tesla accessories and the emerging EV market is unparalleled. EAH will bring expertise in digital marketing, operations, research & development, and technology to support the vision of EVANNEX's team as they continue to grow their business," Imran Jooma, EAH CEO.

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