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New Deal


Announced

Reynolds and Reynolds to acquire American Guardian Warranty Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

aftermarket automotive service provider

Auto Parts

United States

Acquisition

Majority

Completed

Single Bidder

Friendly

Synopsis

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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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