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New Deal


Announced

Completed

Getaround went public via merger with InterPrivate II Acquisition in a $1.2bn deal.

Financials

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Transaction Value£972m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Getaround, a global and digital carsharing marketplace, went public via merger with InterPrivate II Acquisition, a publicly-traded special purpose acquisition company, in a $1.2bn deal. "Getaround is one of the two largest players in the global car-sharing market that it helped pioneer. We are proud to partner with such an established leadership team — founder-led and bolstered by top executives with experience across leading Silicon Valley companies. As a relentless innovator, the Company has designed and deployed its proprietary Getaround Connect technology to build formidable network effects in cities across the globe, improving utilization of automotive assets and transforming the way its customers access transportation," Ahmed Fattouh, InterPrivate Chairman and CEO.

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