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Matheson Advises ACV Auctions on Acquisition of Drive Inc.

Services: Corporate Mergers and Acquisitions  Date: 19/08/2024

Matheson is delighted to have advised ACV Auctions, the NASDAQ-listed provider of automative marketplace solutions and data services to auto dealers and commercial partners, on its acquisition of Drive Inc., a Dublin based company providing mobile solutions focused on online car sales.

The cross-departmental Matheson team advising ACV Auctions was led by Corporate M&A partner Brian McCloskey, associate Dan McAleese and solicitor Kevin Burns.

Brian McCloskey commented: “We were delighted to support ACV Auctions on this strategic acquisition.  We look forward to working with ACV Auctions in the future, as it continues to grow its European business”.     

With a wealth of experience across our six partner led offices worldwide, Matheson has some of the most experienced corporate lawyers in Ireland.  This transaction is a further example of the strength and depth across our market leading Corporate M&A team and our experience delivering for clients on complex and innovative domestic and international corporate transactions across all industry sectors.

For more information about our legal services, please contact a member of the Corporate team or your usual Matheson contact.

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