Auto Retail Vendors Missing Out on Hot M&A Party – TBR 2017 1st Quarter Report

Auto Retail Vendors Missing Out on Hot M&A Party – TBR 2017 1st Quarter Report

April 6, 2017 — (UPDATE — SEE BELOW)  Acquisition activity among automotive retail vendors has ground to a halt in the the first quarter this year, according to data compiled by The Banks Report. Other than Solera Holding’s purchase of the British-based Autodata the first week of January, there have been no investments, IPOs or acquisitions…

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Ron Lamb Leaves Reynolds and Reynolds

Ron Lamb Leaves Reynolds and Reynolds

March 2, 2017 — Ron Lamb, the president of Reynolds and Reynolds, has decided to leave the automotive retail technology giant to pursue opportunities in private equity, according to a statement provided to associates earlier today. He was named president of Reynolds and Reynolds in October 2010. He began his career with Reynolds in 1991 and… Continue Reading

CDK, Reynolds and Reynolds Sued for Alleged Antitrust Practices

CDK, Reynolds and Reynolds Sued for Alleged Antitrust Practices

February 4, 2017 — In what may become the year’s biggest story in automotive retail, the long simmering battle over data access in the automotive retail world escalated yesterday when a third party vendor sued tech giants CDK Global, Reynolds and Reynolds and one of their joint ventures for engaging in antitrust practices. This is the first…

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CDK Shares Jump on Strong Fiscal 2nd Qtr

CDK Shares Jump on Strong Fiscal 2nd Qtr

February 3, 2017 — CDK Global’s stock price hit its all time high yesterday of $65.03 following a strong second quarter fiscal 2017 report. It settled back down to close at just over $64. The stock has been on an upward trajectory the last six months and was trading at just under $54 a share in… Continue Reading

Solera Acquires British-based Autodata

Solera Acquires British-based Autodata

January 6, 2017 — Solera Holdings announced yesterday it has acquired the British-based Autodata from Bowmark Capital and Five Arrows Principal Investments for  £340 million ($418 million). Autodata, which was founded in 1975, publishes technical service and repair information to the automotive aftermarket. It licenses data from 136 manufacturers covering 32,000 different models globally. Its owners, Bowmark… Continue Reading

TBR 2016 Annual Auto Retail Vendor M&A Report

TBR 2016 Annual Auto Retail Vendor M&A Report

January 2, 2017 — M&A activity among automotive retail vendors for the year ended quietly with only four deals completed in the fourth quarter. Nevertheless, the 31 acquisitions and investments in 2016 surpassed the 30 in 2015. The four deals in the fourth quarter include (more information about the following deals are included in the…

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Vendor M&A Activity Quiet — Except for JMI Equity

Vendor M&A Activity Quiet — Except for JMI Equity

Except for a couple of investments from JMI Equity, M&A activity in the automotive retail vendor space has been silent in the fourth quarter. With three weeks left to go in the year, there have been 27 investments or acquisitions among vendors to date. (For more analysis on investment and acquisitions in the automotive retail…

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TBR’s 2016 3rd Quarter Automotive Retail Vendor M&A Update

TBR’s 2016 3rd Quarter Automotive Retail Vendor M&A Update

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 year to 25, according data compiled by The Banks Report. The third quarter review provides TBR’s outlook for the fourth quarter along with a recap of all…

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