Dealertrack Technologies Acquires Dealer.com for $992,000,000

  • Feed Type
  • Date
    12/20/2013
  • Company Name
    Dealer.com
  • Mailing Address
    1 Howard St. Burlington, VT 05401
  • Company Description
    Dealer.com is the global leader in online marketing solutions for the automotive industry, providing award winning e-marketing solutions to auto dealers, OEM’s and media companies. More dealerships use the Dealer.com platform than any other platform in the world.
  • Website
    http://www.dealer.com
  • Transaction Type
    M&A
  • Transaction Amount
    $992,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under the terms of the agreement, Dealertrack will acquire all the equity of Dealer.com for approximately 8.7 million shares of Dealertrack’s common stock and $620 million in cash, subject to customary post-closing adjustments. Dealertrack expects to finance the cash portion of the purchase price through cash on hand and with fully committed debt financing.

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