Cars.com Inc. (CARS), an automotive digital marketing company, Friday announced the acquisition of DealerClub. The deal was approximately $25 million in cash at closing.
The transaction was completed on January 23. There is a possibility of earning an additional $88 million if certain financial targets are met, the company noted.
Cars Commerce expects minimal revenue impact from the transaction in 2025. It is also not expected to increase Adjusted EBITDA next year due to investments in scaling DealerClub.
DealerClub is a digital wholesale auction platform with a vision to expand into the wholesale market.
In the pre-market trading, Cars.com is 0.34% higher at $17.80 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
January 09, 2026 15:02 ET U.S. external trade data and labor market figures were in focus this week as the news flow gained momentum in the new year. In Europe, inflation data for the euro area was the highlight. The single-currency bloc expanded to 21 countries this year with Bulgaria adopting the currency on January 1. News flow in Asia was dominated by the survey data on the Chinese services industry.