February 25, 2016 — CDK Global made it official yesterday announcing it has acquired the product portfolios of NewCar IQ and Red Bumper from Pearl Technology Holdings LLC. NewCar IQ...

February 25, 2016 — CDK Global made it official yesterday announcing it has acquired the product portfolios of NewCar IQ and Red Bumper from Pearl Technology Holdings LLC. NewCar IQ...
December 5, 2015 — DealerTrack apparently likes to make surprise announcements in December. Last year, it announced the acquisition of Dealer.com in what turned out to be a...
…Family of Dealerships (which is separate from the Sam Swope Group). AMSI (Automotive Management Services Inc. is based in West Palm Beach, FL. The group owns approximately 100 dealerships in… Continue Reading
October 25, 2016 – Automotive retail vendor merger and acquisition activity slowed slightly in the third quarter with only nine deals and investments announced bringing the total for the...
…be looking to build a platform of dealerships in the Indianapolis market using the Hare brand. Hare began as a wagon-building shop in 1847 and had been in the same family… Continue Reading
February 26, 2018 — We’re still not through February but there have been 14 investments, acquisitions and mergers already this year with vendors in the automotive retail space,...
January 24, 2018 — Over the last several months, numerous automakers and dealers have launched flexible ownership models creating a new means of interacting with customers beyond the...
OVERVIEW Through the first six months of 2014, 125 dealerships changed ownership, up from 89 through the same period in 2013 according to data compiled by The Banks...
September 18. 2015 — Following up on July and August’s torrid pace of 40 dealerships each month changing owners, the first 18 days of September has had at least 20...
January 12, 2015 — We are announcing a new feature for the subscribers of The Banks Report — a daily news wrap of stories you may have missed...