2 Acquisitions of Companies in Irvine

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Irvine. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Irvine .

cigfinancial.com acquired by AutoNation

Details about the transaction:

Acquisition amount:

$85,000,000

Announcement:

22 July 2022

Details about the company:

The indirect car financing firm cigfinancial.com, with its headquarters in Irvine, California, was established in 1985.

Headquarter:

Irvine, California, United States

Where to find them:

Industry:

Automotive, Finance

Details about the buyer:

For the automotive sector, AutoNation is a retailer of vehicles that buys and sells a variety of vehicles.

Headquarter:

Fort Lauderdale, Florida, United States

Where to find them:

SalesDirector.ai acquired by Bigtincan

Details about the transaction:

Acquisition amount:

$1,200,000

Announcement:

28 December 2022

Details about the company:

A revenue intelligence platform called SalesDirector.ai connects people, activity, and engagement across the buying journey.

Headquarter:

Irvine, California, United States

Where to find them:

Industry:

Artificial Intelligence, Information Technology

Details about the buyer:

Bigtincan is a sales enablement automation business that aids in streamlining future consumer purchasing experiences.

Headquarter:

Waltham, Massachusetts, United States

Where to find them: