Drake Automotive Group, Inc. acquires Proforged

On May 11, 2018, Drake Automotive Group, Inc. acquired Proforged, an automotive company in New Jersey, United States.

Deal at a glance

AnnouncedMay 11, 2018 TypeAdd-on Acquistion TargetProforged Buyer Drake Automotive Group, Inc. SectorAutomotive LocationNew Jersey, United States ValueNot disclosed

Target company

Proforged

New Jersey, United States

Automotivesector

-founded

Activestatus

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Buyer

Drake Automotive Group, Inc.

Company · 1 deal on record

1st transaction in automotive
1st transaction in United States

1deals, all time

1in this sector

2018latest

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The full deal history of every party

Co-investors and the other advisors on this deal

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Questions about this deal

Who acquired Proforged?Drake Automotive Group, Inc. acquired Proforged on May 11, 2018.

What type of deal was it?It was a add-on acquistion in the automotive sector in 2018.

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