Carvana - M&A Summary and Business Overview

E-commerceCompany

Carvana M&A Summary

Carvana has acquired 3 companies, including 1 in the last 5 years.

Carvana’s largest acquisition to date was in 2022, when it acquired ADESA for $2.2B. Carvana has acquired in 3 different US states. The Company’s most targeted sectors include software (34%) and business services (34%).

Carvana Business Overview

Where is Carvana headquartered?

Carvana is headquartered in Tempe, Arizona.

What is Carvana’s revenue?

Carvana disclosed revenue of 13,604M USD for 2022 and 12,814M USD for 2021.

How many employees does Carvana have?

Carvana has 16,600 employees.

What sector is Carvana in?

Carvana is an e-commerce company.

When was Carvana founded?

Carvana was founded in 2012.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 3

Carvana

Carvana Co.

300 East Rio Salado Parkway,
Tempe, Arizona 85281
United States,
(602) 852-6604
www.carvana.com

Carvana offers a consumers an intuitive and convenient online automotive retail platform, with a fully transactional website that enables consumers to quickly and easily buy a car online, including finding their preferred vehicle, qualifying for financing, completing the purchase and loan with signed contracts, and receiving delivery or pickup of the vehicle from one of Carvana’s proprietary automated Car Vending Machines. Carvana was incorporated in 2012 and is headquartered in Tempe, Arizona.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - - 1 - - 3
vol $7M $2.2B $2.2B
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
ADESA, Inc. 2022-02-24 2.2B USD Divestiture
Carmel, Indiana · www.adesa.com
Car360, Inc. 2018-04-17 7M USD Add-on Acquisition
Atlanta, Georgia · www.car360app.com
Carlypso 2017-08-08 - Add-on Acquisition
San Francisco, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 1 (33%) 2.2B (100%) - -
Information Technology 1 (33%) - - -
Software 1 (33%) 7M (< 1%) - -
Total 3 $2.2B - -

By Geo

State/Country Buy Value Sell Value
United States 3 2.2B - -
  Indiana 1 2.2B - -
  Georgia 1 7M - -
  California 1 - - -
Total 3 $2.2B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 1
Citigroup Investment Banking
 1
Legal Deals
Kirkland & Ellis
 1

Deal Values

buy # Total
> $1B 1 $2.2B
< $100M 1 $7M
TOTAL $2.2B
Largest ADESA, Inc.
$2.2B (2022-02-24)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

E-Commerce

Revenue

13,604   7% 2022
12,814   130% 2021
5,587   42% 2020
3,940   102% 2019
1,955   128% 2018
859   136% 2017
365   181% 2016
130   210% 2015
42   2014
(millions of USD) Show More Show Less

Employees

16,600

Established

2012

Public

NYSE: CVNA

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Related Lists for Carvana

Arizona Companies , E-Commerce Companies , United States Companies

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