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
- Industry
- AI & Machine Learning
- Location
- Île-de-France, France
- Transaction Type
- Buyout
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