Capital One Growth Ventures is set to exit the vehicle retail analytics provider in a cash-and-stock acqusition by Vroom.
Automotive e-commerce platform Vroom agreed yesterday to acquire Vast Holdings, the US-based owner of automotive retail analytics provider CarStory, in a $120m deal allowing financial services firm Capital One to exit.
The amount will be made up of about 60% cash and 40% stock, though final amounts are yet to be set. Vast had revealed a total of $18.2m in funding since being founded in 2005.
CarStory is a big data-equipped software platform that analyses data from millions of vehicle…
