Announced
Synopsis
MotorK, a specialized in the development of SaaS solutions, agreed to acquire Dapda, a Spanish provider of digital tools to automotive retailers, FIDCAR, an innovative solution provider for automotive retail based in France, and FranceProNet, a top-tier French digital agency specialising in web solutions for the automotive sector. Financial terms were not disclosed. “As we enter our next phase of growth, these acquisitions are a testament to our strategy to build on our M&A track record to continue increasing our market share by driving consolidation in the highly fragmented automotive retail market. The addition of Dapda, FranceProNet and FIDCAR to MotorK will bolster our international presence and add key technology and service capabilities that will better position us to serve our dealer and OEM clients across the EMEA region. On behalf of the entire MotorK team, I am delighted to welcome all three companies to the family and look forward to working together to further accelerate our growth," Marco Marlia, MotorK Co-Founder & CEO.
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