Peddle LLC

Austin, Texas

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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

About

About

Peddle is an online car buying service that simplifies the process of selling used vehicles by offering instant cash offers. Founded with the goal of making vehicle selling more accessible and straightforward, Peddle operates a platform that connects sellers with a network of buyers, including dealerships and salvage yards. The platform is designed to offer competitive prices, quick transactions, and hassle-free pickups, providing a seamless experience for individuals looking to sell their cars. Product/Service Line Breakdown 1. Instant Cash Offers: Provides sellers with immediate cash offers for their vehicles based on market data and buyer demand. 2. Vehicle Pickup Services: Facilitates the free pickup of vehicles from the seller's location, typically within 48 hours of accepting the offer. 3. Online Platform for Vehicle Sales: A user-friendly website that allows sellers to input vehicle details and receive offers from Peddle's network of buyers. 4. Customer Support: Dedicated support team available to assist sellers throughout the selling process, including offer acceptance and vehicle pickup coordination.

Keywords

Keywords

Classified

Private