Acquiring Company
Toyota Tsusho
Acquired Company
MCT Automotive Group
Nagoya
BrisbaneManufacturingMiningSupply Chain ManagementLogisticsWholesaleTransportationAutomotiveDescription
Toyota Tsusho Corporation has acquired MCT Automotive Group for $120 million. Founded just six years ago, MCT has transformed into a prominent player in the used car market with its Cars4Us platform. Despite the sale, founder Matt Wright will continue to assist with the business handover and ensure a smooth transition.
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Who to call at Toyota Tsusho, and when
When Toyota Tsusho changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Toyota Tsusho raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Toyota Tsusho, from your own LinkedIn network
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Related People
Frequently asked
Who acquired MCT Automotive Group?
MCT Automotive Group was acquired by Toyota Tsusho, based in Nagoya. The deal was reported on February 14, 2026. Toyota Tsusho is publicly traded (TYHOY) and operates in Manufacturing.
When did Toyota Tsusho acquire MCT Automotive Group?
Toyota Tsusho's acquisition of MCT Automotive Group was reported on February 14, 2026. Toyota Tsusho Corporation has acquired MCT Automotive Group for $120 million. Founded just six years ago, MCT has transformed into a prominent player in the used car market with its Cars4Us platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MCT Automotive Group do?
MCT Automotive Group is a rapidly growing used car dealership that operates the Cars4Us website. Founded by Matt Wright, it specializes in the sale and trade-in of vehicles, focusing on a streamlined car-buying experience. It is privately held, operating in Transportation, and is based in Brisbane.
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