agent Entrepreneur logo
MenuMENU
SearchSEARCH

APCO Holdings Picks Up Two Firms

Newly acquired companies add RV, power-sports offerings, follow a third purchase APCO made in May.

July 1, 2024
APCO Holdings Picks Up Two Firms

APCO CEO Tony Wanderon says buys further 'strengthen its position in the F&I industry.'

Credit:

APCO Holdings

2 min to read


APCO Holdings, a provider and administrator of automotive rinance and insurance products acquired two companies, widening its holdings in the RV and power-sports segments.

The acquisitions of Capital Administrative Professionals and Rider’s Advantage follow its acquisition of Crystal Fusion in May. APCO said the buys further strengthen its position in the F&I industry.

Ad Loading...

Capital Administrative Professionals, or CAP, is an F&I administrator providing flexible products to automotive, RV and power-sports agents and dealers across the country. Started in 2021, it supports over 700 dealers with products, training, wealth-building, and service.

"We’re thrilled to welcome CAP to the APCO family," said Tony Wanderon, CEO of APCO Holdings, LLC. "This strategic move strengthens our market position and aligns with our vision of delivering innovative products and solutions for dealers. We look forward to working with the talented CAP team and leveraging their expertise to drive growth and value for our customers."

“Acquiring CAP broadens our product portfolio and allows us to deliver what dealers and agents need from their F&I provider,” said APCO Chief Revenue Officer Courtney Hoffman. “Michael and his team will fit seamlessly into our business, elevating how we support our growing channels.”

“We’re excited to join APCO as it allows us to better support our agents and dealers across channels.” said Capital Administrative Professionals President Michael Hunter. “The resources unlocked by this acquisition are unparalleled in the industry.”

APCO's acquisition of Rider’s Advantage, a power-sports F&I agency, expands the company's product portfolio for power-sports dealers, agents, and lenders.

Ad Loading...

Rider’s Advantage is a comprehensive F&I agency that provides a deep portfolio of products and training services. Its products are sold by over 1,000 powersports, marine, and RV dealerships.

"We couldn’t be more excited to welcome Rider’s Advantage to the APCO family," Wanderon said. "This acquisition increases our ability to deliver the products and services powersports dealers want and need, plus enhances our ability to support dealers across multiple channels."

“Joining APCO allows us to provide an unprecedented level of value and support to the industry, while growing and preserving the integrity of our brand." said Rider's Advantage President Rob Hefner. "We are incredibly honored to be part of the APCO family.”

More Industry

Hyundai logo and 40 Years in America in front of a starry background
Industryby Lauren LawrenceMarch 5, 2026

Hyundai Celebrates U.S. Milestone

The South Korean automaker said it supports 570,000 jobs in the U.S. with a planned investment of $26 billion between 2025 and 2028, according to President and CEO José Muñoz.

Read More →
Showroomby Lauren LawrenceMarch 4, 2026

Used-Vehicle Program Aims to Draw More Buyers

GM says more than 750 dealers across the U.S. are enrolled in CarBravo and that in January CarBravo dealers sold over two times the certified volume of Chevrolet, Buick and GMC dealers using traditional CPO.

Read More →
Industryby Hannah MitchellMarch 2, 2026

Meet the Editor: Hannah Mitchell

A longtime newspaper journalist, Bobit Dealer Group's editor was raised on news back in the South. Now she brings that news-hound ethic to our four auto retail magazines.

Read More →
Ad Loading...
Summit Updatesby StaffMarch 2, 2026

Enhance Your Dealer's F&I Workflow at Agent Summit

This session is designed to equip general agents with actionable strategies that can help their dealers enhance the efficiency of financial services managers.

Read More →
Industryby Hannah MitchellMarch 2, 2026

Auto Brands Hold the Line on Retention

A flat national rate despite inflation and other financial challenges shows industry loyalty stability, annual Reynolds and Reynolds research finds.

Read More →
F&Iby Lauren LawrenceFebruary 27, 2026

Price Driving Insurance Churn

Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 26, 2026

AI Drives Dealer Website Traffic

Total visits to dealer websites from generative artificial intelligence platforms grew more than 15 times year-over-year, signaling a shift in how many consumers shop for cars online.

Read More →
Industryby Hannah MitchellFebruary 26, 2026

Automakers Tops in Fuel Economy

In the U.S., Honda has the most efficient gas-electrified combo lineup while Tesla beats all automakers in annual EPA ranking as brands built their alternative-fuel offerings.

Read More →
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Ad Loading...
Industryby Hannah MitchellFebruary 24, 2026

Overall Consumer Confidence Up

Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.

Read More →