Carbrain LLC
Classification
Private
About
About
CarBrain LLC is a car-buying company based in Miami Lakes, Florida. Specializing in purchasing vehicles in less-than-perfect condition, the company buys wrecked, broken-down, and collision-damaged cars directly from owners. CarBrain provides instant online offers and streamlined selling processes, allowing customers to sell their vehicles quickly without the hassle of traditional dealerships or private sales. The company ensures fair pricing through its advanced pricing algorithm and offers free towing and pickup services. Product & Service Line Breakdown: Car Buying Services - Instant cash offers for damaged, junk, or non-running vehicles - Purchase of cars with mechanical issues, flood damage, or missing parts - Competitive pricing based on a proprietary pricing algorithm Vehicle Pickup & Towing - Free nationwide towing and vehicle removal - Same-day or next-day pickup services - Coordination with local towing partners for seamless transactions Title & Documentation Assistance - Help with title transfer and legal documentation - Guidance for sellers on required paperwork - Handling of vehicles with missing titles in select states Environmental & Recycling Solutions - Partnerships with auto recyclers and salvage yards - Responsible recycling of end-of-life vehicles - Support for eco-friendly car disposal methods
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private