Topic
Business deals and partnerships

       News Business deals and partnerships

Solera aquires Omnitracs, DealerSocket & eDriving
June 7, 2021 by Christine Hogg

Solera Holdings, Inc. has completed its acquisitions of Omnitracs, DealerSocket and eDriving. Omnitracs is a leading fleet management platform, DealerSocket is a best-in-class SaaS provider to the automotive industry and eDriving is the digital driver risk management partner for many…

       News Business deals and partnerships

Infomedia acquires e-commerce platform SimplePart
June 7, 2021 by Christine Hogg

Infomedia Ltd., a SaaS platform provider in parts, service and data insights solutions to the global automotive industry, has completed the acquisition of US-based e-commerce platform SimplePart. SimplePart designs, implements and manages consumer-facing e-commerce programs in the US and Canada…

       News Business deals and partnerships

Standard Motor Products acquires Trombetta
June 2, 2021 by Christine Hogg

Standard Motor Products, Inc.  has acquired all of the capital stock of Trumpet Holdings, Inc., a Delaware corporation (more commonly known as “Trombetta”), for $108 million, subject to certain post-closing adjustments. Trombetta is a worldwide leader in providing power switching…

       News Business deals and partnerships

CitNOW eyes U.S. expansion with the acquisition of Quik
May 28, 2021 by Christine Hogg

Looking to expand its digital footprint in U.S. auto dealerships from coast-to-coast, U.K.-based CitNOW has acquired Quik. Quik. is an integrated cloud-based SaaS company that has pioneered industry-leading digital service technology in the automotive industry. It features digital multi-point inspections,…

       News Auto Repair & ServiceBusiness deals and partnerships

Bolt On & Protractor team up
May 27, 2021 by Christine Hogg

Bolt On Technology has teamed up with Protractor so that repair shop owners can access powerful text messaging, appointment scheduling, workflow and reporting capabilities that can help keep repairs bays full and build customer loyalty. Through its collaboration with Protractor, Bolt…

       News Business deals and partnerships

Canadian tire distributor Groupe Touchette acquires Pneus Chartrand
May 19, 2021 by Christine Hogg

Groupe Touchette Inc., the largest Canadian owned tire distributor, takes the next steps in its development plan with the acquisition of Pneus Chartrand Distribution Inc., Pneus Chartrand Mécanique Inc., as well as the Groupe Immobilier Chartrand Inc. The agreement, which will take effect…

       News Business deals and partnershipsElectric Vehicles

Autocrypt & Shield team up for enhanced electric and autonomous vehicle cybersecurity
May 17, 2021 by Christine Hogg

Electric vehicle and autonomous vehicle cybersecurity provider Autocrypt has partnered with the Shield Automotive Cybersecurity Centre of Excellence, hosted by the University of Windsor, to prioritize research and development in securing connected and autonomous vehicles. As automotive technology evolves to…

       News Business deals and partnerships

Solera to acquire fleet management program DealerSocket
May 17, 2021 by Christine Hogg

Solera Holdings, Inc. will acquire Omnitracs, a complete fleet management platform, and DealerSocket, a leading SaaS provider to the automotive industry. These acquisitions will extend Solera’s position as the preeminent global data intelligence and technology leader serving all constituents engaged…

       News Business deals and partnerships

Bestbuy welcomes three new shareholders
May 13, 2021 by Christine Hogg

Bestbuy Distributors Ltd. recently announced the acquisition of three new shareholders, effective May 1, 2021. Proudly owned by the Awad family, Just Brake has been a part of the automotive aftermarket for more than 35 years, serving their loyal customer…

       News AnnouncementsBusiness deals and partnerships

Argyle acquires The Mufflerman Inc.
May 12, 2021 by Christine Hogg

Argyle Capital Partners has acquired The Mufflerman Inc. from the Brouwer family. The transaction closed on Mar. 1, 2021. The Mufflerman was started in 1964 by John Brouwer Sr. as Sarnia’s “First Exclusive Muffler Shop”. In 1996, the business was taken over by John’s…

       News Business deals and partnerships

Vast-Auto Distribution acquires Pièces d’auto J.P. Côté
May 3, 2021 by Christine Hogg

Vast-Auto Distribution, a subsidiary of Groupe Del Vasto, has acquired Pièces d’auto J.P. Côté, an established family-run business with two parts store locations on the south shore of Montreal. Pièces d’auto J.P. Côté, owned and operated by Bernard Roy since…

       News Business deals and partnerships

Auto Value partners with Tekmetric
April 21, 2021 by Christine Hogg

The Aftermarket Auto Parts Alliance, Inc., headquarters for Auto Value, has added Tekmetric as an approved shop management system (SMS). Auto Value’s leading business-to-business ecommerce platform, MyPlace4Parts, is now integrated with Tekmetric. Tekmetric offers a full-suite of shop management solutions,…