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Acquisition

APCO Holdings Acquires Strategic Diversified

This acquisition strengthens APCO's position in the Mid‐Atlantic and adds a talented team that is recognized as F&I Development leaders.

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National Auto Care Furthering Aggressive Growth Strategy with Five Acquisitions

National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies and Ace Financial Development Group.

Bobit and Spectrum Automotive Holdings Announce Jim Polley as Keynote Speaker at Agent Summit

Spectrum Automotive Holdings CEO Jim Polley will speak on “Selling Your Agency”

Digital Air Strike Acquires Online Vehicle Marketplace

The acquisition marks the sixth M&A transaction for the company and the first consumer-facing asset owned by Digital Air Strike as it continues to expand its online car-buying experience.

National Auto Care Acquires Coffeen Management

Coffeen Management Company further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents.

Portfolio Acquires Finance Concepts, LLC

LAKE FOREST, Cali. – Portfolio Group announced today that it has acquired a majority interest in Finance Concepts, LLC, one of its largest producing agencies headquartered in Folsom, California. Portfolio is owned by the company’s management and Capital Z Partners, a New York-based private equity firm. Terms of the transaction were not disclosed. “We are very ... Read More »

Reynolds and Reynolds Acquires ReverseRisk

DAYTON, Ohio — Reynolds and Reynolds Co., a provider of automotive dealership software, documents, and professional services, today announced its acquisition of ReverseRisk, which offers a web-based analytics reporting platform designed to eliminate the need for multiple reporting systems. The system can be used regardless of the DMS a dealership uses and will be added ... Read More »

DealerSocket Data Reveals Five Untapped Strategies for Auto Dealers to Acquire More Used-Car Customers

SAN CLEMENTE, Calif. – DealerSocket has unveiled a five-step customer acquisition plan for used car dealers, backed by the company’s most recent internal data and a survey of dealerships nationwide. The plan highlights low-hanging-fruit strategies that dealers can implement right away to attract and convert more leads. “It’s tempting for dealers working in the trenches ... Read More »

Cox Automotive to Invest in Customers and Auto Industry with $4 Billion Acquisition of Dealertrack

ATLANTA & LAKE SUCCESS, N.Y.- Cox Automotive, Inc., a leading provider of digital marketing, wholesale and e-commerce solutions across the automotive industry, and Dealertrack Technologies, Inc., a leader in software solutions and services for automotive retailers, today announced that they have entered into a definitive merger agreement, reports BusinessWire. Cox Automotive will acquire Dealertrack in ... Read More »

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Holman Group Acquires Audi Willow Grove

MAPLE SHADE, N.J. — Holman Automotive Group acquired Audi Willow Grove in Willow Grove, Pa. The dealership is now the second Audi store under the Holman brand. Audi Willow Grove was owned and operated by Don Rosen, who has been affiliated with the Audi brand for over two and a half decades. Under his leadership, ... Read More »

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