M&A Deal Summary

Motility Software Acquires Lot Metrix

On July 6, 2021, Motility Software acquired software company Lot Metrix

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

M&A Deal Summary
Date 2021-07-06
Target Lot Metrix
Sector Software
Buyer(s) Motility Software
Deal Type Add-on Acquisition

Target

Lot Metrix

Missoula, Montana, United States
Lot Metrix is a software company dedicated to creating systems for the automotive and recreational vehicle industries that take dealerships to the next level when it comes to managing their lots, inventories, and employees. The company has been implemented by dealerships across North America as a full-service inventory management solution that increases efficiencies during intake, transport, sale, service, and delivery. Lot Metrix was formed in 2016 and is based in Missoula, Montana.

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Buyer(S) 1

Buyer

Motility Software

Maitland, Florida, United States
Category Company
Founded 1984
Sector Software
DESCRIPTION

Motility Software is a provider of Powersports, Bus, Marine, Automotive, Class 8/Heavy Duty, and RV dealership software. Sys2K's Infinity software is a fully integrated, Windows-based DMS that features modules including CRM, F&I, Parts and Service, Payroll, Accounting, Rental, Advanced Reporting, as well as offering Premium Websites, Cloud Hosting, and Mobile Apps. Motility Software was founded in 1984 and is based in Maitland, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Montana) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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