TrueCar Acquires 20% Stake in Accu-Trade

J.D. Power Acquires ALG from TrueCar for $135 Million

August 6, 2020

Data & Analytics

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.

Fair Holdings (Scott Painter) Leads $227M Take-Private of TrueCar

January 22, 2026

Automotive

Fair Holdings, led by TrueCar founder Scott Painter, completed a $227 million take-private acquisition of TrueCar with a strategic investor group including PenFed Credit Union, Zurich North America, AutoNation, Atlantic Coast Automotive, Impel AI, ID.me, CRIF and In The Car. TrueCar will be delisted and Painter returns as CEO; the new ownership group plans to prioritize profitability and deepen integrations with lenders, insurers, dealers and technology partners to expand the platform's capabilities.

PureCars Acquires truPayments

July 12, 2021

Payments & Fintech

PureCars, a martech and advertising intelligence provider backed by Diversis Capital Partners and Stage 1 Ventures, acquired automotive fintech SaaS provider truPayments on July 12, 2021. The deal integrates truPayments' shopping personalization and payment-shopping capabilities into PureCars' martech stack to give dealerships expanded payment data, improved digital retailing and earlier shopper conversion.

CarGurus Acquires 51% Stake in CarOffer

December 10, 2020

Automotive

CarGurus agreed to acquire a 51% majority interest in CarOffer, an instant vehicle trade platform, at an enterprise valuation of $275 million. The strategic acquisition adds wholesale trading and logistics capabilities to CarGurus' dealer platform, enabling a seamless retail and wholesale solution for dealers.

AutoScout24 Acquires TRADER Corporation from Thoma Bravo

August 16, 2024

E-Commerce

AutoScout24 has signed an agreement to acquire TRADER Corporation (TRADER Canada) from Thoma Bravo, with funds affiliated with existing majority shareholder Hellman & Friedman making an incremental equity investment in AutoScout24. The acquisition expands AutoScout24's presence into Canada and adds TRADER's leading marketplaces (AutoTrader.ca, AutoHebdo.net), dealer software (AutoSync), lender portal (DealerTrack) and collateral management services to its product set.

Cars Commerce (Cars.com Inc.) Acquires DealerClub

January 23, 2025

Automotive

Cars Commerce (d/b/a Cars.com) acquired DealerClub, a dealer-to-dealer digital wholesale auction, for approximately $25 million in cash with up to $88 million of additional performance-based consideration. The deal, which closed January 23, 2025, expands Cars Commerce’s Trade & Appraisal strategy by adding transactional wholesale capabilities and access to a dealer-facing marketplace serving 650+ dealer customers.