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M&A Deal Summary

DealerBuilt Acquires iService

On September 7, 2023, DealerBuilt acquired business services company iService

Acquisition Highlights
  • This is DealerBuilt’s 1st transaction in the Business Services sector.
  • This is DealerBuilt’s 2nd transaction in the United States.
  • This is DealerBuilt’s 1st transaction in California.

M&A Deal Summary
Date 2023-09-07
Target iService
Sector Business Services
Buyer(s) DealerBuilt
Deal Type Add-on Acquisition

Target

iService

Beverly Hills, California, United States
iService provides fixed operations solutions for auto dealerships. From multi-point inspection to customer engagement, scheduling, and interactive quoting, the company's suite of offerings empowers dealerships to elevate their service lane operations. iService was formed in 2017 and is based in Beverly Hills, California.

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Buyer(S) 1

Buyer

DealerBuilt

Clawson, Michigan, United States
Category Company
Founded 2008
Sector Software
DESCRIPTION

DealerBuilt is an enterprise Dealer Management System (DMS) for automobile dealers nationwide. DealerBuilt have developed a full suite of integrated dealer management software modules that enables to take complete control of DMS. DealerBuilt integrated modules to fit your individual dealer needs include accounting; parts & service; sales & finance/insurance; payroll; customized reporting and more. DealerBuilt was founded in 2008 and is based in Clawson, Michigan.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-22 Oplogic

Clawson, Michigan, United States

Oplogic is a comprehensive solution provider for dealerships, providing intuitive tools for desking and digital retailing, lead management, call recording, equity mining, and compliance services. The company's tools standardize and streamline processes to enhance efficiency while building revenue and increasing profit margins for some of the largest dealer groups in the country. Oplogic is based in Clawson, Michigan.

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