Tech Company M&A Transactions
Stratim Acquisition
On 2/7/2018, Stratim was acquired by KAR Auction Services. The exit price for Stratim was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
2/7/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
KAR Auction Services Inc (KAR.N), a leading U.S. operator of car auction and salvage services, said on Wednesday it has acquired fleet management software company STRATIM to enter the nascent industry of providing services to ride-sharing and other transportation-as-a-service providers. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
350 Townsend St. 270
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Not Recorded
Overview
What irks us about the experience of parking is not just how much how much time we waste, which can end up being 20 minutes, but also how antiquated the actual transaction is. Parking should not require driving 7 blocks past our destination, dealing with a paper ticket, navigating elevators and ramps, and waiting in a line to pay.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sean Behr
VP - Bus. Development
Peter Eisenman
VP - Engineering
Boris Perlov
VP - Product Management
Timothy Bentley
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About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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