Announced
Completed
Financials
Sources
Tags
Private Equity
Private
management software
Software
Majority
United Kingdom
Acquisition
Friendly
Single Bidder
Domestic
Synopsis
Tenzing-backed CitNOW, a global provider of sales conversion software for car dealerships, completed the acquisition of Dealerweb, a provider of sales and lead management software for car dealerships. Financial terms were not disclosed. “We’re thrilled to have supported CitNOW with this acquisition. The two companies are highly complementary, with best-in-class products, attractive client bases and strong OEM relationships, all underpinned by a focus on innovation. We’re excited to build on the strong sales momentum across the Group with this important step in CitNOW’s growth story," Christian Hamilton, Tenzing Co-Founder and Managing Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.