CarGurus, an online automotive marketplace, agreed to acquire the remaining 49% stake in CarOffer, an automated instant vehicle trade platform, for $75m. “Our work with CarOffer has unlocked meaningful opportunities to better serve our customers by integrating the scale and reach of our retail platform with CarOffer’s digital wholesale capabilities. As we aim to accelerate this progress to enhance the consumer and dealer experience even further, we believe that now is the right time to fully invest in CarOffer so we can be more agile in scaling solutions,” Jason Trevisan, CarGurus CEO.