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New Deal


Announced

Completed

Capstreet-backed TradePending completed the acquisition of AutoAPR.

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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United States

Single Bidder

Majority

Acquisition

Private Equity

Completed

Friendly

Domestic

Private

IT Services: Other

website tools

Synopsis

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Capstreet-backed TradePending, a provider of vehicle valuation, completed the acquisition of AutoAPR, a provider of website engagement tools. Financial terms were not disclosed. "We partnered with Capstreet last year to create a foundation for a new platform to fast track innovation in the automotive software industry, and our acquisition of AutoAPR is our first step towards that goal. TradePending and AutoAPR pair very well together. We both share the same end goal of arming both the dealership and end-consumer with better information about the car buying process, with a similar mission and vision to provide transparency and help dealerships grow their businesses," Brice Englert, TradePending CEO.

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