TRADER Corporation completed the acquisition of Collateral Management Solutions from Teranet.

TRADER Corporation, a Canadian online media, dealership, OEM software and automotive finance services provider, completed the acquisition of Collateral Management Solutions from Teranet, a statutory registry, property intelligence and data solutions provider. Financial terms were not disclosed. "With this unique combination of market-leading assets, we are excited to bring distinctive value to the Canadian automotive lending market. Our collective expertise, breadth of solutions and extensive data insights make this partnership extremely promising not just for us, but also for our clients and partners. We look forward to welcoming our new team members to the family," Jill Hadfield, Dealertrack Canada President.