Snap-on completed the acquisition of Dealer-FX Group for $200m.

Snap-on, an American designer, manufacturer and marketer of high-end tools and equipment for professional use in the transportation industry, completed the acquisition of Dealer-FX Group, a developer, marketer, and provider of service operations software solutions for automotive original equipment manufacturers, for $200m. "Dealer-FX extends our strategic visibility into new technologies and platforms as they enter the vehicle parc, expands the reach of our shop management software, and enhances our expertise with respect to dealership service and repair operations. We believe Dealer-FX will magnify our current capabilities across the repair systems & information group,” Nick Pinchuk, Snap-on Chairman and CEO.