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Cars Commerce acquires DealerClub to expand into wholesale market

Jan 27, 2025•11 months ago

Acquiring Company

Cars.com

Acquired Company

DealerClub

ChicagoSarasotainformation technology & servicesSoftwareWholesale

Description

Cars Commerce, the parent company of Cars.com, has acquired DealerClub, a digital wholesale auction platform. This strategic move allows Cars Commerce to expand its influence into the wholesale market, enhancing its capabilities and technology offerings for automotive dealers.

Company Information

Company

Cars.com

Location

300 S Riverside Plz

Chicago, Illinois, United States

About

Cars Commerce is an audience-driven technology company empowering automotive that simplifies everything about buying and selling cars. The Cars Commerce platform includes the flagship automotive marketplace and dealer reputation site Cars.com, innovative digital marketing technology and services from Dealer Inspire, industry-leading trade-in and appraisal technology from AccuTrade, an exclusive in-market media network, and powerful and predictive AI technologies that enable more efficient and profitable retail operations.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed