Cars.com inc. acquires dealerclub, expanding trade & appraisal platform capabilities with reputation-based dealer-to-dealer digital wholesale auction

Chicago , jan. 24, 2025 /prnewswire/ -- cars.com inc. (nyse: cars) (d/b/a " cars commerce " or the "company"), an audience-driven technology company empowering automotive, today announced the acquisition of (dealerclub), a reputation-based automotive digital wholesale auction. the company paid approximately $25 million in cash at closing.
CARS Ratings Summary
CARS Quant Ranking