MergerLinks Header Logo

Announced

Completed

E Automotive completed the acquisition of FastLane Auto Exchange.

Synopsis

E Automotive, a real-time dealer-to-dealer digital auction platform, completed the acquisition of FastLane Auto Exchange, an independent dealer-only automotive auction. Financial terms were not disclosed. "The acquisition of FastLane Auto Exchange uniquely strengthens our wholesale marketplace, EBlock, in both Canada and the US, allowing it to offer the only cross-border dealer to dealer digital auction platform with an end-to-end solution for cross-border buyers. FastLane's relentless focus on its clients' changing needs is demonstrated by its strong hold in the U.S. Midwest. The acquisition expands our platform and enhances the customer experience and services we can offer as we continue to develop innovative and streamlined auction solutions," Jason McClenahan, E INC President and CEO.

Show Details & Financials

Market Context

Sort

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

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US