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Cars.Com Inc. Acquires D2C Media Inc., Expanding Cars Commerce Platform Into Canada In Accretive Transaction

PUBLIC · CARSNov 02, 2023

Acquiring Company

Cars.com

Acquired Company

D2C Media

ChicagoMontrealSoftwareinformation technology & servicesSoftwareAutomotive

Description

Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced the acquisition of D2C Media Inc. ("D2C"), a leading automotive technology and digital solutions provider in Canada.

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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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Frequently asked

Who acquired D2C Media?

D2C Media was acquired by Cars.com, based in Chicago. The deal was reported on November 2, 2023. Cars Commerce is an audience-driven technology company empowering automotive that simplifies everything about buying and selling cars. Cars.com is publicly traded (CARS) and operates in Software.

When did Cars.com acquire D2C Media?

Cars.com's acquisition of D2C Media was reported on November 2, 2023. Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced the acquisition of D2C Media Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does D2C Media do?

The Automotive industry invests more money each year on online advertising than any other industry and its constituents demand innovative technological solutions to get the most bang for their buck. It is privately held, operating in Software, and is based in Montreal.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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