Divestiture • Software

J.D. Power Acquires Tail Light - Automotive F&I Menu and Reporting Software Business

On June 2, 2022, J.D. Power acquired software company Tail Light - Automotive F&I Menu and Reporting Software Business from Tail Light

Acquisition Context
  • This is J.D. Power’s 2nd transaction in the Software sector.
  • This is J.D. Power’s 8th transaction in the United States.
  • This is J.D. Power’s 2nd transaction in Texas.

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M&A Deal Summary

Date June 2, 2022
Target Tail Light - Automotive F&I Menu and Reporting Software Business
Sector Software
Buyer(s) J.D. Power
Sellers(s) Tail Light
Deal Type Divestiture

Target Company

Tail Light - Automotive F&I Menu and Reporting Software Business

Addison, Texas, United States
Tail Light’s F&I menu and reporting software is used by automotive dealerships and insurance providers to streamline vehicle financing and service contract configuration and reporting.
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Buyer Overview 1

Buyer

J.D. Power

Westlake Village, California, United States

Category Company
Founded 1968
Sector Information Services
Employees800
DESCRIPTION

J.D. Power is a marketing information services company providing performance improvement, social media, and customer satisfaction insights and solutions. J.D. Power was founded in 1968 and is based in Westlake Village, California.


Deal Context for Buyer #
Overall 9 of 12
Sector: Software 2 of 2
Type: Divestiture 4 of 4
State: Texas 2 of 2
Country: United States 8 of 10
Year: 2022 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Superior Integrated Solutions

Edison, New Jersey, United States

Superior Integrated Solutions specializes in the programming and integration of dealer management systems with third-party systems at auto dealerships. Superior Integrated Solutions is based in Edison, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 We Predict

Ann Arbor, Michigan, United States

We Predict is a provider of global automobile service and warranty analytics. We Predict was founded in 2009 and is based in Ann Arbor, Michigan.

Buy -

Seller Profile 1

SELLER

Tail Light

Addison, Texas, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

Tail Light is a technology company that has delivered innovative applications and solutions for the automotive industry. Tail Light is the market-leading connected vehicle and telematics solution enabling drivers, families, and businesses to manage the real-time location, vehicle health, and driving data for drivers and vehicles. Tail Light was established in 1998 and is based in Addison, Texas.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1