Add-on Acquisition • Internet Software and Services

AutoVitals Acquires BayIQ

On January 5, 2021, AutoVitals acquired internet software and services company BayIQ

Acquisition Context

This is AutoVitals’ 1st transaction in the Internet Software and Services sector.
This is AutoVitals’ 1st transaction in the United States.
This is AutoVitals’ 1st transaction in Arizona.

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M&A Deal Summary
Date	January 5, 2021
Target	BayIQ
Sector	Internet Software and Services
Buyer(s)	AutoVitals
Deal Type	Add-on Acquisition

Target Company

BayIQ

Scottsdale, Arizona, United States

BayIQ, Inc. is a SaaS company, provides automated marketing software to the independent tire and automotive repair industry, addressing each critical marketing function. BayIQ’s loyalty rewards program combined with key features like automated service reminders, email and text message marketing, appointment scheduling, and online reviews gives dealers the tools needed to increase car count and average repair order by building customer loyalty. BayIQ was founded in 2016 and is based in Scottsdale, Arizona.

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Buyer Overview 1

Buyer

AutoVitals

San Diego, California, United States

Category	Company
Founded	2009
Sector	Software

DESCRIPTION

AutoVitals is a provider of integrated software solutions for managing automotive shop workflow, internet marketing, and motorist engagement. AutoVitals’s solutions automate every touchpoint of the vehicle repair transaction with motorists and enable efficient shop management. AutoVitals was founded in 2009 and is based in San Diego, California.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Arizona	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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