BRIEF-Cars.Com Acquires DealerClub-March 2024-www.financetom.com

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BRIEF-Cars.Com Acquires DealerClub

Jan 24, 2025 4:57 AM

Jan 24 (Reuters) - Cars.com Inc ( CARS ):

* CARS.COM INC. ( CARS ) ACQUIRES DEALERCLUB, EXPANDING TRADE &

APPRAISAL

PLATFORM CAPABILITIES WITH REPUTATION-BASED DEALER-TO-DEALER

DIGITAL WHOLESALE AUCTION

* CARS.COM INC ( CARS ) - DEAL VALUE $25 MILLION WITH UP TO $88

MILLION

PERFORMANCE-BASED

* CARS.COM INC ( CARS ) - TRANSACTION NOT EXPECTED TO BE ACCRETIVE TO

ADJUSTED EBITDA IN 2025

* CARS.COM INC ( CARS ) - TRANSACTION EXPECTED TO HAVE IMMATERIAL

REVENUE

IMPACT IN 2025

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