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New Deal


Announced

One Planet completed the acquisition of AutoWeb for $13m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Friendly

United States

Domestic

automotive platforms

Majority

Pending

Auto Technology

Public

Synopsis

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One Planet, a tech firm, completed the acquisition of AutoWeb, an automotive matchmaking platform, for $13m. “Not many founders get the opportunity to return to a company that they helped create. AutoWeb has been a pioneer in the online automotive industry and in many ways directly influenced its evolution. It is now time for the company to experience an evolution to prepare for the challenges and the opportunities in the automotive industry of tomorrow," Payam Zamani, One Planet CEO.

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