Tag: M&A

Vroom to buy United Auto Credit for $300M

NEW YORK – Another blockbuster acquisition in the used-car space surfaced Tuesday, this time involving both the retail and auto finance segments. Vroom said it has reached a deal to purchase United Auto Credit Corp. for $300 million in cash, subject to...

October 12, 2021

DealerSocket part of 2 pending acquisitions by Solera

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DealerSocket part of 2 pending acquisitions by Solera

Identifix, Inc. / Solera Holdings announced that it will acquire DealerSocket as well as Omnitracs, a complete fleet management platform. “Solera is the driving force behind the rapid digitization of the vehicle lifecycle, delivering intelligent, data-driven, mission-critical solutions for our customers,” Solera chief executive...

May 17, 2021