M&A Deal Summary

DealerBuilt Acquires Oplogic

On May 22, 2023, DealerBuilt acquired information technology company Oplogic

Acquisition Highlights
  • This is DealerBuilt’s 1st transaction in the Information Technology sector.
  • This is DealerBuilt’s 1st transaction in the United States.
  • This is DealerBuilt’s 1st transaction in Michigan.

M&A Deal Summary
Date 2023-05-22
Target Oplogic
Sector Information Technology
Buyer(s) DealerBuilt
Deal Type Add-on Acquisition

Target

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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Buyer(S) 1

Buyer

DealerBuilt

Mason City, Iowa, United States
Category Company
Founded 2008
Sector Software
DESCRIPTION

DealerBuilt is a proven 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.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 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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