Getaround Acquires Substantially All Assets of HyreCar

May 15, 2023

Getaround (NYSE: GETR) will acquire substantially all assets of HyreCar Inc., integrating HyreCar’s gig carsharing service into Getaround’s connected carsharing marketplace. The transaction (expected to close on or about May 15, 2023) is intended to expand Getaround’s supply and capabilities for rideshare and delivery drivers and strengthen its position in the carsharing market.

Buyers
Getaround
Targets
HyreCar Inc.
Sellers
HyreCar Inc.
Industry
Transportation
Location
California, United States
Transaction Type
Divestiture

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