Announced
Completed
Financials
Tags
United States
Single Bidder
Majority
Acquisition
Private Equity
Completed
Friendly
Domestic
Private
IT Services: Other
website tools
Synopsis
Capstreet-backed TradePending, a provider of vehicle valuation, completed the acquisition of AutoAPR, a provider of website engagement tools. Financial terms were not disclosed. "We partnered with Capstreet last year to create a foundation for a new platform to fast track innovation in the automotive software industry, and our acquisition of AutoAPR is our first step towards that goal. TradePending and AutoAPR pair very well together. We both share the same end goal of arming both the dealership and end-consumer with better information about the car buying process, with a similar mission and vision to provide transparency and help dealerships grow their businesses," Brice Englert, TradePending CEO.
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