Repairify and Capricorn Society to form a joint venture.

Repairify, a provider of remote automotive repair solutions, and Capricorn Society, a cooperative supporting the automotive industry, agreed to form a joint venture. Financial terms were not disclosed. "Repairify is excited to enter this strategic joint venture with Capricorn. We see a huge opportunity to support Australian and New Zealand repairers as global technology evolves. We are keen to introduce our proposition to the market. Capricorn is the ideal choice for this venture due to their unparalleled position in the marketplaces in Australia and New Zealand. We're highly confident that the combination of Repairify products and services and the Capricorn network will rapidly accelerate the distribution of the right technology to ensure that the market can undertake and complete complex vehicle repairs," Cris Hollingsworth, Repairify Global Holdings President.