Announced

Completed

DealerSocket completed the acquisition of Auto/Mate.

Synopsis

DealerSocket, a provider of automotive software solutions, completed its acquisition of Auto/Mate, a provider of dealer management systems for automotive dealerships. Financial terms were not disclosed. "The combination of DealerSocket and Auto/Mate gives dealers a long-awaited and much-needed alternative for an integrated, connected platform of mission-critical software for dealerships. Auto/Mate has built a reputation as a transformative, fast-growing DMS with an unmatched commitment to customer service. As we look at our combined company, there are tremendous opportunities for innovation, while we maintain our strong focus on support. I am excited about this acquisition and what it represents for us, dealers, and the broader market,” Sejal Pietrzak, DealerSocket CEO and President.

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