M&A Deal Summary

Dealertrack Acquires ASR Pro

On July 1, 2014, Dealertrack acquired software company ASR Pro for 14M USD

Acquisition Highlights
  • This is Dealertrack’s 15th transaction in the Software sector.
  • This is Dealertrack’s 12th largest (disclosed) transaction.
  • This is Dealertrack’s 19th transaction in the United States.
  • This is Dealertrack’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2014-07-01
Target ASR Pro
Sector Software
Buyer(s) Dealertrack
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

ASR Pro

Raleigh, North Carolina, United States
ASR Pro is a provider of web-based electronic multipoint-inspection and fixed operations services for automotive dealerships.

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Buyer(S) 1

Buyer

Dealertrack

Lake Success, New York, United States
Category Company
Founded 2001
Sector Software
Employees2,500
Revenue 948M USD (2015)
DESCRIPTION

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.

DEAL STATS #
Overall 23 of 24
Sector (Software) 15 of 16
Type (Add-on Acquisition) 21 of 22
State (North Carolina) 1 of 1
Country (United States) 19 of 19
Year (2014) 2 of 3
Size (of disclosed) 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 Dealer.com

Burlington, Vermont, United States

Dealer.com helps auto dealers and manufacturers market to potential customers by building websites and integrated solutions that together drive the industry's most comprehensive and effective online marketing platforms. These platforms significantly lower the cost of customer acquisition, enhancing dealers' efficiency and profitability. Today, Dealer.com is the auto retailing industry's technology and market share leader, working with 80% of the top 125 dealer groups recognised by Automotive News.

Buy $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-18 incadea

Munich, Germany

incadea plc is a provider of DMS software and services to the global automotive retail market. incadea is the provider of enterprise software solutions and services to the global automotive retail and wholesale market. With a proven industry focus and expertise, incadea is the vendor of choice for car manufacturers and their dealer networks around the world.

Buy £122M
Mergr

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