Mayer's Cars and Trucks Revenue, Valuation, Funding & Investors

Mayer's Cars and Trucks is valued at $7.9B as of October 2022, a 4.2x multiple on its last reported $1.9B revenue.

Last Mayer's Cars and Trucks valuation

$7.9B

Secondary · Oct 2022

Mayer's Cars and Trucks revenue

$1.9B

Secondary · Oct 2022

Key investors in Mayer's Cars and Trucks

Mayer's Cars and Trucks Overview

About Mayer's Cars and Trucks

Mayer's Cars and Trucks imports cars, trucks, buses, engines, and heavy machinery exclusively to Israel. The company operates a nationwide sales and service network complemented by leasing, trade-in, insurance, and financing options from its base in central Israel.


Founded

1967

HQ

IsraelTel Aviv

Website

mct.co.il

Status

Privately held

Customer focus

B2B & B2C

Revenue model

Product sales, Services

Revenue

$1.9B (Oct 2022)

Valuation

$7.9B (Oct 2022)

Mayer's Cars and Trucks Valuation

Mayer's Cars and Trucks is currently valued at $7.9B, based on its secondary sale in October 2022.

The $154M round was led by Phoenix Financial.

Mayer's Cars and Trucks valuation by funding round

Mayer's Cars and Trucks valuation by funding round
DateStageValuationRevenue Multiple
Oct 2022Secondary$7.9B4.2x

Mayer's Cars and Trucks Revenue

Mayer's Cars and Trucks' latest recorded revenue is $1.9B, as of its secondary sale in October 2022. At a $7.9B valuation, that implies a 4.2x revenue multiple.

Mayer's Cars and Trucks revenue by funding round

Mayer's Cars and Trucks revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Oct 2022$1.9B$7.9B4.2xSecondary

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Mayer's Cars and Trucks Funding History

Mayer's Cars and Trucks has 1 recorded secondary share sale and no primary funding rounds.

Mayer's Cars and Trucks funding rounds

Mayer's Cars and Trucks funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2022SecondaryPhoenix Financial (lead)$154M$7.9BMayer's Cars and Trucks is the exclusive importer of Volvo cars and trucks to Israel, founded in 1967 by Mayer Kass. The company also owns or controls Hertz Israel, Auto Center, and public transport company Kavim. On October 3, 2022, insurance company Phoenix Financial (TASE:PHOE) acquired a 14% stake in Mayer's Cars and Trucks from the Shahar and Kass families for NIS 574 million. The transaction valued the company at NIS 4.1 billion. Phoenix received an option to purchase an additional 6% stake within three years, raising its holding to 20% (the legal maximum), with that additional stake priced at a valuation of NIS 4.4-4.5 billion. This transaction represented one of the largest deals in the Israeli capital market in recent years and reflected the significant value attributed to the automotive import business in Israel. The deal was structured through Phoenix Financial's parent company rather than Phoenix Insurance to avoid regulatory complications, since Phoenix Insurance held shares in Mayer's at the time.

Who has invested in Mayer's Cars and Trucks?

1 investor has backed Mayer's Cars and Trucks across its funding rounds, including Phoenix Financial.

Lead investors include Phoenix Financial.


Mayer's Cars and Trucks Investors

Investors in Mayer's Cars and Trucks by funding rounds participated
InvestorHQRoundsRoleFirst check

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Investments by Mayer's Cars and Trucks

Mayer's Cars and Trucks has invested in 2 companies to date.

Latest investment by Mayer's Cars and Trucks was on September 30th 2021. Mayer's Cars and Trucks invested in RodRadar in their $6M Series A round.


Latest Investments by Mayer's Cars and Trucks

RodRadar
GetPackage
Description
RodRadar is a technology company offering the Live Dig Radar platform for real-time underground utility detection during excavation. Based in Israel, its LDR Excavate product surpasses traditional ground-penetrating radar by identifying all utility types at various depths with high precision. Deployed by major construction firms in Europe, the United States, and Australia, the system enhances site safety, cuts downtime, and lowers project costs through immediate data visualization on mobile devices.
GetPackage is a Warsaw-based technology platform that optimizes last-mile deliveries across Europe for gig economy couriers. It generates dynamic routes in real time, cutting delivery times by 30 percent and costs by 20 percent while boosting courier earnings through shared workloads. Operating in Poland, Spain, Italy, and France since 2015, the platform integrates with major marketplaces like Glovo and Wolt, serving over 50,000 couriers monthly. GetPackage's algorithm matches partial loads to minimize empty runs, enhancing efficiency for e-commerce and food delivery firms in urban areas.
HQ CountryIsraelIsrael
HQ City
Rinatya
Rishon LeZion
Deal Date30 Sep 20219 Apr 2018
RoundSeries ASeed
Raised$6M$2M
InvestorsDysruptek; Holt Ventures; Brick & Mortar Ventures-
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Mayer's Cars and Trucks Competitors

Mayer's Cars and Trucks competitors include listed companies like Localiza, VinFast, Tokyo Century and Element Fleet Management, and private ones like Tata Passenger Electric Mobility and Smart.

Public and private companies comparable to Mayer's Cars and Trucks
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LocalizaBrazilBrazilPublicly listed$8.1B$2.7B$7.8B1.6x
VinFastVietnamVietnamPublicly listed$3.5B($2.7B)$7.6B3.0x
Tokyo CenturyJapanJapanPublicly listed$9.4B$2.9B$8.5B4.2x
Element Fleet ManagementCanadaCanadaPublicly listed$2.3B$1.2B$7.1B13.0x
Tata Passenger Electric MobilityIndiaMumbaiPrivate--$9.1B-
SmartGermanyStuttgartPrivate--$5.3B-

Mayer's Cars and Trucks Public Comps

Mayer's Cars and Trucks is still privately-owned, but its public comps include Localiza, VinFast, Tokyo Century, Element Fleet Management, Nissan, Ryder, Hotai Motor, Guangzhou Automobile Group, Renault and GATX.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Localiza$8.1B$2.7B1.8x1.6x5.6x5.0x
VinFast$3.5B($2.7B)4.1x3.0x(5.2x)(6.4x)
Tokyo Century$9.4B$2.9B4.2x4.2x13.6x-
Element Fleet Management$2.3B$1.2B7.1x13.0x13.7x-
Nissan$77B$1.2B0.7x0.7x47.2x16.2x
Ryder$13B$3.3B1.4x1.3x5.2x6.1x
Hotai Motor$8.1B$1.6B2.4x-12.3x-
Guangzhou Automobile Group$14B($330M)0.5x0.5x(21.8x)(13.3x)

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Common questions about Mayer's Cars and Trucks

When was Mayer's Cars and Trucks founded?Mayer's Cars and Trucks was founded in 1967.
Where is Mayer's Cars and Trucks headquartered?Mayer's Cars and Trucks is headquartered in Tel Aviv, Israel.
Is Mayer's Cars and Trucks publicly listed?No, Mayer's Cars and Trucks is a private, VC-backed company.
What is Mayer's Cars and Trucks' valuation?Mayer's Cars and Trucks was last valued at $7.9B in its secondary sale in October 2022.
Who are Mayer's Cars and Trucks' investors?Mayer's Cars and Trucks' investors include Phoenix Financial.
What is Mayer's Cars and Trucks' revenue?Mayer's Cars and Trucks' latest recorded revenue is $1.9B (October 2022).
What is Mayer's Cars and Trucks' revenue multiple?Mayer's Cars and Trucks' latest valuation implies a 4.2x revenue multiple ($7.9B valuation on $1.9B of revenue).
Which companies are comparable to Mayer's Cars and Trucks?Companies comparable to Mayer's Cars and Trucks include Localiza, VinFast, Tokyo Century, Element Fleet Management, Tata Passenger Electric Mobility and Smart.
How many companies has Mayer's Cars and Trucks invested in?Mayer's Cars and Trucks has invested in 2 companies, including RodRadar and GetPackage.
What was Mayer's Cars and Trucks' last investment?In September 2021, Mayer's Cars and Trucks invested in RodRadar's $6M Series A alongside Dysruptek, Holt Ventures and Brick & Mortar Ventures.

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