Perseus Group Software completed the acquisition of Auto-IT.

Perseus Group Software, a company that acquires and invests in software companies, completed the acquisition of Auto-IT, offering dealer management software systems, distributor systems, and other software solutions. Financial terms were not disclosed. “We are delighted to have the Auto-IT employees and customers join the Perseus family and the Constellation Dealer Group. Auto-IT’s addition to our portfolio will expand our global insight in the industries we already serve and help us innovate in ways we haven’t thought of. We look forward to meeting with Auto-IT customers to discover how we can serve their needs more effectively,” Sean Raynor, Constellation Dealer Group President.