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New Deal


Announced

Completed

System1-backed MapQuest completed the acquisition of RoadWarrior.

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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Friendly

application development platform

Canada

Private

route planning

Majority

Completed

Cross Border

Single Bidder

Digital Services

Acquisition

Synopsis

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System1-backed MapQuest, an American free online web mapping service, completed the acquisition of RoadWarrior, a subscription app focused on route planning. Financial terms were not disclosed. "There are strong synergies between the RoadWarrior and MapQuest products. In-market commercial route-planning tools currently fail to provide integrated navigation. The RoadWarrior acquisition will enable MapQuest to bring a custom navigation and route optimization experience within a single offering,” John Chipouras, MapQuest General Manager.

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