Announced
Financials
Sources
Tags
Merger
Pending
Majority
Single Bidder
Friendly
Private
Private Equity
Automobiles
automotive technology
United States
Synopsis
Thoma Bravo-backed J.D. Power, a data analytics and consumer intelligence services provider is set to merge businesses with Autodata Solutions, a provider of data and software solutions for the automotive ecosystem. Financial terms were not disclosed. The newly combined company will operate under the name J.D. Power and will offer market-leading new and pre-owned automobile transactional data, valuation tools, vehicle feature information and consumer analytics to the automotive industry. “By pairing our platform with J.D. Power’s deep data and analytics capabilities, we’re going to be able to take the guesswork out of the manufacturing and floor planning process, helping manufacturers and dealers drive maximum impact and profitability by getting the new vehicle formula just right. We are excited to be joining the J.D. Power team to make that vision a reality,” Craig Jennings, Autodata CEO.
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