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New Deal


Announced

Vehlo to acquire Shop-Ware.

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

Pending

Acquisition

Private

Friendly

United States

Software

cloud-based software

Majority

Single Bidder

Synopsis

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Vehlo, a provider of software and financial solutions for the automotive repair industry, agreed to acquire Shop-Ware, an automotive aftermarket's premier cloud-based shop management software for independent repair shops. Financial terms were not disclosed. "We've been impressed with Shop-Ware's innovative solutions and commitment to providing premier tools for the aftermarket community, including multi-shop operations. Shop-Ware is a great addition to Vehlo's suite of shop management solutions and aligns with our mission to be the automotive repair industry's favorite technology partner, delivering a compelling return on investment with features loved by shop customers, shop owners, and technicians. We look forward to partnering with the Shop-Ware team to support their great customer base and continue innovation and feature enhancement our customers need to grow their businesses," Michelle Fischer, Vehlo CEO.

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