Announced
Financials
Sources
Tags
Domestic
Private
aftermarket automotive service provider
Auto Parts
United States
Acquisition
Majority
Completed
Single Bidder
Friendly
Synopsis
Reynolds and Reynolds, a provider of automobile dealership software, services, and forms to help dealerships deliver better business results and transform the customer experience, agreed to acquire American Guardian Warranty Services, an innovative provider of administration services for Agents and Dealers offering vehicle protection products, limited warranties, and a variety of environmental and aftermarket products. Financial terms were not disclosed. “Consumers are demonstrating that regardless of how they shop, they see growing value in F&I products. But they expect to be educated and they expect accurate pricing. AGWS has proven to be the leader in aftermarket product offerings and customer service, and Reynolds provides the tools to help sell effectively, rate products, and book contracts instantly no matter where the customer is,” Chris Walsh, Reynolds President.
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