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Carvana Acquires Adesa U.S.’S Physical Auction Business

PRIVATEMay 10, 2022

Acquiring Company

Carvana (NYSE

Acquired Company

ADESA U.S

Information TechnologyProfessional ServicesMedia And EntertainmentTransportation

Description

Carvana (NYSE: CVNA), the leading e-commerce brand for buying and selling used cars, announces the $2.2B acquisition of ADESA’s U.S. physical auction business (“ADESA U.S.”) from KAR Global (NYSE: KAR), consisting of 56 ADESA U.S. locations totaling approximately 6.5 million square feet of buildings on more than 4,000 acres.

Quick answer

Carvana (NYSE is acquiring ADESA U.S, announced May 10, 2022.

How much did Carvana (NYSE pay for ADESA U.S?
The deal value was not disclosed.
What does Carvana (NYSE do?
CVNA)

Source: Fundz verified event record.

Other recent acquisitions in Professional Services and Media And Entertainment

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Company Information

Company

Carvana (NYSE

About

CVNA)

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Frequently asked

Who acquired ADESA U.S?

ADESA U.S was acquired by Carvana (NYSE. The deal was reported on May 10, 2022. CVNA) Carvana (NYSE is privately held and operates in Information Technology.

When did Carvana (NYSE acquire ADESA U.S?

Carvana (NYSE's acquisition of ADESA U.S was reported on May 10, 2022. Carvana (NYSE: CVNA), the leading e-commerce brand for buying and selling used cars, announces the $2.2B acquisition of ADESA’s U.S. physical auction business (“ADESA U.S.”) from KAR Global (NYSE: KAR), consisting of 56 ADESA U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ADESA U.S do?

ADESA St. Louis provides registered dealers, brokers, automobile manufacturers, rental agencies, as well as corporate and government fleets with a complete vehicle remarketing solution in Missouri. It is privately held.

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