General Motors Announces New Dealership Website Vendors – Why It’s a Big Deal

General Motors Announces New Dealership Website Vendors – Why It’s a Big Deal

September 16, 2019 — CDK Global’s 15-year run as being the exclusive vendor for General Motors’ dealership websites came to an official end last week as the automaker announced an additional three providers to its website program. The move likely will reshape the dealership website landscape over the next couple of years. The new vendors…

This content is for subscribers only.
Log In Subscribe
Thoma Bravo Putting Together an Automotive Data Giant

Thoma Bravo Putting Together an Automotive Data Giant

July 31, 2019 — Thoma Bravo emerged yesterday as the winning bidder for J.D. Power and Associates. It’s the private equity firm’s second automotive-data play since late April when it acquired Autodata Solutions from KKR. Bravo also owns Trader Corp., the leading automotive retail digital company in Canada (it acquired the Montreal-based digital marketing firm…

This content is for subscribers only.
Log In Subscribe
Cliff Banks - The Banks Report

Thoma Bravo to Acquire 2nd Automotive Technology Company

May 1, 2019 — Yesterday’s announcement that PE firm Thoma Bravo is acquiring Autodata Solutions from Internet Brands could be Act Two in what may be an ambitious play in automotive. The pending transaction also portends an M&A market that is heating up after a slow first quarter that saw only 11 deals completed, down…

This content is for subscribers only.
Log In Subscribe
Cars.com Sale Likely Close, Here’s a Rundown of Possible Buyers

Cars.com Sale Likely Close, Here’s a Rundown of Possible Buyers

March 10, 2019 — An announcement regarding who Cars.com’s new owner will be could be made as early as this week. The company is an attractive play for numerous players — both from a strategic and an investment perspective. Cars announced in January the board had voted at the end of September to retain J.P.…

This content is for subscribers only.
Log In Subscribe
Flurry of M&A Deals in Auto Retail Tech Kicks Off 2019

Flurry of M&A Deals in Auto Retail Tech Kicks Off 2019

January 21, 2019 — A flurry of several mergers and acquisitions last week among auto retail vendors started 2019 off with a bang. Through the first two weeks of the year, six deals have been announced. The fast start follows a record-breaking 2018 in which 77 deals were completed. Additionally, Cars.com announced last week its board retained…

This content is for subscribers only.
Log In Subscribe
Vendor M&A at Record Levels

Vendor M&A at Record Levels

November 13, 2018 —  A flurry of 26 deals since the beginning of September has pushed the year’s total to 64, a record for investments and acquisitions in the automotive retail vendor space. The blistering pace continued into the first week of November with data analytics firm Marchex’s purchase of Telmetrics and Infomedia’s acquisition of…

This content is for subscribers only.
Log In Subscribe