Dealertrack - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Dealertrack M&A Summary

Dealertrack has acquired 24 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets.

Dealertrack’s largest acquisition to date was in 2014, when it acquired Dealer.com for $1.0B. It’s largest disclosed sale occurred in 2015, when it sold Dealertrack - Inventory+ to DealerSocket for $55M. Dealertrack has acquired in 13 different US states, and 3 countries. The Company’s most targeted sectors include software (67%) and business services (17%).

Dealertrack Ownership

Who owns Dealertrack?

Dealertrack is owned by Cox Automotive. It was acquired on June 16, 2015.

Dealertrack Business Overview

Where is Dealertrack headquartered?

Dealertrack is headquartered in Lake Success, New York.

How many employees does Dealertrack have?

Dealertrack has 2,500 employees.

What sector is Dealertrack in?

Dealertrack is a software company.

When was Dealertrack founded?

Dealertrack was founded in 2001.

M&A Summary

  • M&A Total Activity26
    • M&A Buy Activity24
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 9
  • M&A Advisors 3

Dealertrack

Dealertrack Technologies, Inc.

1111 Marcus Avenue, Suite M04,
Lake Success, New York 11042
United States,
(516) 734-3600
www.dealertrack.com

Dealertrack is a provider of digital solutions to the automotive retail industry. The company's cloud-based platform offers a suite of integrated tools and services that help dealerships streamline their operations, improve efficiency, and enhance the customer experience. Dealertrack's solutions cover the entire automotive sales and financing process, from inventory management and vehicle registration to credit application processing and digital retailing. Dealertrack was formed in 2001 and is based in Lake Success, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 24 - - - - - 24
vol $1.8B $1.8B
Sell (0.0/yr) # 2 - - - - - 2
vol $55M $55M
  26

Most Recent M&A

Company Date Value Type
Dealertrack - Inventory+ 2015-08-20 55M USD Divestiture
, United States
incadea plc 2014-12-18 187M GBP Add-on Acquisition
Munich, Germany · www.incadea.com
ASR Pro, LLC 2014-07-01 14M USD Add-on Acquisition
Raleigh, North Carolina · www.asrpro.com
Dealer.com 2014-03-03 1.0B USD Add-on Acquisition
Burlington, Vermont · www.dealer.com
VINtek, Inc. 2013-10-01 53M USD Add-on Acquisition
Philadelphia, Pennsylvania · www.vintek.com
Customer Focused Marketing, Inc. 2013-10-01 - Add-on Acquisition
Irving,, Texas · www.gocfm.com
Casey & Casey NPS, Inc. 2013-02-25 21M USD Add-on Acquisition
Metairie, Louisiana · www.autotitle.com
Ford Motor - iCONNECT Direct DMS Business 2012-10-10 - Divestiture
, Canada
ClickMotive LP 2012-10-02 49M USD Add-on Acquisition
Plano,, Texas · www.clickmotive.com
1st Auto Transport Directory, Inc. 2012-08-01 74M USD Add-on Acquisition
, United States
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Chrome Systems Corp. 2005-05-11 R. L. Polk - Price and Spec Business 2011-02-16 1
Portland, Oregon , United States

M&A by Sector

Sector Buy # Value Sell # Value
Software 16 (67%) 1.5B (82%) - -
Business Services 4 (17%) 152M (8%) 1 (50%) -
Internet Software and Services 4 (17%) 165M (9%) - -
Information Technology - - 1 (50%) 55M (100%)
Total 24 $1.8B 2 $55M

By Geo

State/Country Buy Value Sell Value
United States 19 1.6B 2 55M
  California 2 - 1 -
  Utah 2 118M - -
  Texas 2 49M - -
  Illinois 2 - - -
  Connecticut 2 262M - -
  Vermont 1 1.0B - -
  Pennsylvania 1 53M - -
  Oregon 1 - - -
  North Carolina 1 14M - -
  New Hampshire 1 - - -
  Massachusetts 1 - - -
  Louisiana 1 21M - -
Canada 4 34M - -
  Ontario 3 34M - -
Germany 1 187M - -
Domestic 19 (79%) 1.6B (88%) 2 (100%) 55M (100%)
Cross-border 5 (21%) 222M (12%) - -
Total 24 $1.8B 2 $55M

Top M&A Advisors

Financial Deals
Evercore Group
2
Barclays Investment Bank
1
Legal Deals
O'Melveny & Myers
2

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 3 $449M
< $100M 9 $364M
TOTAL $1.8B
Largest Dealer.com
$1.0B (2014-03-03)
sell # Total
< $100M 1 $55M
TOTAL $55M
Largest Dealertrack - Inventory+
$55M (2015-08-20)

M&A Connections

Deals
Acquired from
Investor(s)
13%
3 (13%)
Strategic(s)
13%
3 (13%)
Divested to
Strategic(s)
100%
2 (100%)

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