M&A Deal Summary

The Reynolds and Reynolds Acquires Motility Software

On July 11, 2022, The Reynolds and Reynolds acquired software company Motility Software from Serent Capital

Acquisition Highlights
  • This is The Reynolds and Reynolds’ 5th transaction in the Software sector.
  • This is The Reynolds and Reynolds’ 11th transaction in the United States.
  • This is The Reynolds and Reynolds’ 2nd transaction in Florida.

M&A Deal Summary
Date 2022-07-11
Target Motility Software
Sector Software
Buyer(s) The Reynolds and Reynolds
Sellers(s) Serent Capital
Deal Type Add-on Acquisition

Target

Motility Software

Maitland, Florida, United States
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.

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Buyer(S) 1

Buyer

The Reynolds and Reynolds

Kettering, Ohio, United States
Category Company
Founded 1970
Sector Software
DESCRIPTION

The Reynolds and Reynolds Company delivers software solutions and services that support every aspect of automotive retailing. Serving dealers since 1927, it is a leading provider of dealer management systems and associated products and services. Reynolds & Reynolds enables automobile dealers to sell more cars and to improve customer service.

DEAL STATS #
Overall 11 of 11
Sector (Software) 5 of 5
Type (Add-on Acquisition) 10 of 10
State (Florida) 2 of 2
Country (United States) 11 of 11
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-09 IDS

Draper, Utah, United States

IDS is a provider of mortgage documents and compliance services. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment, and integration with leading loan origination systems and eClosing platforms. IDS was founded in 1986 and is based in Draper, Utah.

Sell $70M

Seller(S) 1

SELLER

Serent Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2008
PE ASSETS 1.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.

DEAL STATS #
Overall 21 of 27
Sector (Software) 7 of 10
Type (Add-on Acquisition) 17 of 23
State (Florida) 2 of 3
Country (United States) 21 of 25
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 BW Events

Gilbert, Arizona, United States

BW Events is a managed services and technology consulting solution for the events industry. The company will consult, architect, configure and support the event tech stack. It offers vendor management and vendor negotiation services to ensure clients are getting the best prices for their needs. BW Events was formed in Gilbert, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-10 Studio Designer

Los Angeles, California, United States

Studio Designer is a provider of an interior design projects from start to finish with fully integrated project management, time billing, product sourcing, and proprietary accounting tools. Studio Designer is based in Los Angeles, California.

Buy -
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