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Synopsis
Hagerty, an automotive lifestyle brand and a leading specialty insurance provider, completed the acquisition of Speed Digital, a provider of cloud-based technology solutions for dealers, auction houses, collectors and enthusiasts, for $15m. "When we talk about our passion for strengthening and growing car culture for future generations, we mean the whole automotive ecosystem, including those who help get collector cars in the hands of enthusiasts. We believe that the scale and scope of Hagerty's media reach and membership offerings, along with our technological capabilities and other resources, will help current and future Speed Digital clients improve their businesses and attract even more customers," McKeel Hagerty, Hagerty CEO.
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