J.D. Power Acquires ALG from TrueCar for $135 Million
August 6, 2020
J.D. Power has entered into an agreement to acquire ALG, Inc. from TrueCar, Inc. for $135 million, a transaction expected to close by the end of 2020. ALG, a specialist in automotive residual value forecasting, will join J.D. Power's data & analytics offerings and its ~40 employees will move to J.D. Power upon closing.
- Buyers
- J.D. Power
- Targets
- ALG, Inc.
- Sellers
- TrueCar, Inc.
- Industry
- Data & Analytics
- Location
- United States
- Transaction Type
- Buyout
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