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Nextcar Completes Acquisition Of Autonomy Brand And Intellectual Property Brand Library

PRIVATENov 25, 2021

Acquiring Company

NextCar Holding Company

Acquired Company

Autonomy Brand

Transportation

Description

NextCar / NXCR (NextCar Holding Company), the fintech and insurtech vehicle subscription platform founded by auto retail, auto finance, and insurtech entrepreneurs Scott Painter and Georg Bauer, today announced it has completed the acquisition of the Autonomy brand and IP brand library from Micro Focus.

Quick answer

NextCar Holding Company is acquiring Autonomy Brand and Property Brand Library, announced November 25, 2021.

How much did NextCar Holding Company pay for Autonomy Brand?
The deal value was not disclosed.
What does NextCar Holding Company do?
NextCar / NXCR (NextCar Holding Company) is a technology company on a mission to make access to mobility easy and affordable.

Source: Fundz verified event record.

Other recent acquisitions in Transportation

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

NextCar Holding Company

About

NextCar / NXCR (NextCar Holding Company) is a technology company on a mission to make access to mobility easy and affordable. The company was founded by auto retail, auto finance, and auto insurance disruptors Scott Painter and Georg Bauer, who founded Fair, the first-ever used-vehicle subscription offering, pioneering the Car-as-a-Service (CaaS) category. Building upon that experience, NextCar is creating a turnkey vehicle subscription platform for the automotive industry that enables vehicle subscriptions to scale profitably and become a mainstream alternative to traditional car buying. NextCar is innovating through technology, finance, and insurance in order to power car subscriptions for the used-vehicle sector, as well as the battery electric vehicle and zero-emissions vehicle sectors. NextCar relies on partnerships with automakers and brick-and-mortar car dealerships to provide a benefit to both consumers and the industry.

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Frequently asked

Who acquired Autonomy Brand?

Autonomy Brand was acquired by NextCar Holding Company. The deal was reported on November 25, 2021. NextCar / NXCR (NextCar Holding Company) is a technology company on a mission to make access to mobility easy and affordable. NextCar Holding Company is privately held and operates in Transportation.

When did NextCar Holding Company acquire Autonomy Brand?

NextCar Holding Company's acquisition of Autonomy Brand was reported on November 25, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Autonomy Brand do?

Autonomy Brand is the company acquired in this transaction. It is privately held.

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

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