Cars.com Inc. Acquires D2C Media Inc. to Expand into Canada

Cars.com Inc. (d/b/a Cars Commerce) acquired Montreal-based D2C Media Inc. for CAD $105 million in cash (approximately USD $76 million) with up to CAD $35 million of potential performance-based consideration. The acquisition, which closed November 1, 2023, adds ~1,000 Canadian dealer customers and ~95 employees, accelerating Cars Commerce's geographic expansion into Canada and creating cross-selling opportunities across its Dealer Inspire and Accu-Trade brands.