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Announced

KKR's Internet Brands sold Autodata Solutions Group to Thoma Bravo.

Synopsis

KKR's Internet Brands, a fully integrated online media and software services organization, sold Autodata Solutions Group, which serves the global automotive industry with data, technology, and marketing solutions to Thoma Bravo, a leading private equity investment firm. Financial terms were not disclosed. "As technological innovation drives massive change within the automotive industry, we believe Autodata Solutions Group is well positioned to be at the forefront of that future," said Scott Crabill, a Managing Partner at Thoma Bravo. "Our operational knowledge within the software industry and ability to leverage resources can only enhance the company's unique data-driven solutions and interactive marketing initiatives."

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