ACV Acquires Monk SAS

February 28, 2022

ACV (ACV Auctions) acquired Monk SAS, a Paris-based AI company that provides computer-vision vehicle imaging and automated damage detection. ACV plans to integrate Monk's imaging AI into its data services and inspection products (including Drivably, MAX Digital and ACV inspection applications) to expand its vehicle intelligence and SaaS offerings for dealers and commercial partners.

Buyers
ACV (ACV Auctions)
Targets
Monk SAS
Location
Île-de-France, France
Transaction Type
Buyout

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