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New Deal


Announced

Completed

A consortium led by Lifelong Group completed the acquisition of GoMechanic.

Financials

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

Sources

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Tags

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Auto Services

car workshop

India

Friendly

Domestic

Private

Acquisition

Completed

Majority

Auction

Synopsis

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A consortium led by Lifelong Group, a machinery and equipments manufacturing company, completed the acquisition of GoMechanic, a network of 1000+ car service centers. Financial terms were not disclosed. “This transaction will assist in preserving the ecosystem at large and also enable providing continued livelihood to the employees at GoMechanic,” Lifelong Group.

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