Ponte Vedra Beach, Fla. – National Auto Care Corp. (NAC) and Family First Dealer Services LLC (FFDS) have reached an agreement to merge the two companies. The transaction will provide the platform for the combined company to excel as one of the leading finance and insurance providers in the automotive industry.
The merger will bring together the stability, infrastructure and long-standing history of NAC’s vehicle service contract business with FFDS’ cutting edge innovation and full suite of ancillary products. Tony Wanderon, president and founder, FFDS, will lead the newly combined NAC entity as CEO. Christina Schrank, with nearly 20 years of experience, will continue in her current role as president of NAC, and Courtney Wanderon will assume the role of executive vice president of FFDS.
Post-merger, the new company plans to multiply its efforts and create a one-stop administrative resource for an expansive portfolio of products, leading edge programs and best-in-class customer service to agents, their dealers, OEMs and financial institutions nationwide. The combined company will also focus on providing innovative technology solutions, marketing services and branding support to enhance the growth and profitability of its customer network. Coupled with the solid financial backing of Trivest Partners, the new company will accelerate the already impressive growth trends at NAC and FFDS.
Tony Wanderon stated, “NAC and FFDS are perfect complements to each other. With FFDS’ innovation and ancillary product portfolio and NAC’s infrastructure and strong VSC business, we are excited about the future of the combined business and our expanded ability to provide our partners with the tools and resources they need in this ever changing market.”
“NAC and FFDS are both companies who are dedicated to quality products and impeccable customer service; together, we will not only have the ability to stand true to those commitments, we will also have the combined capacity to expand and heighten them in the future,” said Schrank. “This transaction will provide a centralized resource for our agents and dealers, increase our overall capabilities, and empower new solutions and success for our customers.”
The transaction is expected to close in the next 45 days.
