Infomedia acquires SimplePart for $24.5M

Australian software provider Infomedia Ltd agreed to acquire 100% of US-based e-commerce auto parts platform SimplePart for $24.5 million, with an additional earn-out of up to $20.5 million based on three-year targets.

“Infomedia Ltd, based in Sydney but with more than 180,000 clients in 186 markets, will acquire 100 per cent of SimplePart for $US24.5 million”premium.goauto.com.au

• 1 source
• premium.goauto.com.auInfomedia buys car e-commerce businessNeil DowlingMay 14, 2021

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