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  6. Kenect Acquires Auto Labs

M&A Deal Summary

Kenect Acquires Auto Labs

On March 10, 2025, Kenect acquired software company Auto Labs

Acquisition Highlights
  • This is Kenect’s 1st transaction in the Software sector.
  • This is Kenect’s 1st transaction in the United States.
  • This is Kenect’s 1st transaction in Texas.

M&A Deal Summary
Date 2025-03-10
Target Auto Labs
Sector Software
Buyer(s) Kenect
Deal Type Add-on Acquisition

Target

Auto Labs

Austin, Texas, United States
Auto Labs is an AI-powered service scheduling and automation, providing intelligent and scalable omnichannel communication, scheduling, and customer experience management solutions for dealership fixed operations departments. Auto Labs is based in Austin, Texas.

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Buyer(S) 1

Buyer

Kenect

Pleasant Grove, Utah, United States
Category Company
Founded 2017
Sector Software
DESCRIPTION

Kenect is a technology platform designed to help clients grow their businesses. The company helps to attract, convert, and keep more customers by strengthening: online presence, online reputation, and online communication. Kenect has accomplished this through its state-of-the-art business texting platform that links to existing business lines and helps in generating dozens of online reviews each month. Kenect was founded in 2017 and is based in Pleasant Grove, Utah.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
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