Vitu Acquires Dealertrack Registration and Titling Businesses from Cox Automotive

November 25, 2024

Vitu has entered into a definitive agreement to acquire Dealertrack’s registration and titling businesses (RTS, RegUSA, Accelerated Title and CMS) from Cox Automotive. The transaction, backed by Accel-KKR, is a divestiture by Cox Automotive intended to consolidate titling and registration capabilities under Vitu; terms were not disclosed and the deal is subject to customary closing conditions.

Buyers
Vitu, Accel-KKR
Targets
Dealertrack registration and titling businesses (RTS, RegUSA, Accelerated Title, CMS)
Sellers
Cox Automotive
Industry
Automotive
Location
Georgia, United States
Transaction Type
Divestiture

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