Brown & Brown Dealer Services Acquires Automotive Business Solutions (ABS)

Brown & Brown Dealer Services Acquires the Assets of DealerMax

March 13, 2024

Insurance

Brown & Brown Dealer Services (a division of Brown & Brown, Inc.) has acquired the assets of DealerMax, a provider of F&I training and tailored finance & insurance products for automotive dealers. DealerMax's team will join BBDS and continue operating from Berwyn, Pennsylvania, with a transition period supported by the Maxim family owners.

Brown & Brown Dealer Services Acquires Dealer Admin. Services, Inc.

December 13, 2021

Insurance

Brown & Brown Dealer Services, a division of Brown & Brown, Inc., has acquired substantially all of the assets of Dealer Admin. Services, Inc. (DAS). DAS — a dealer-centric administrator providing aftermarket F&I product solutions for franchise and pre-owned dealers — will operate as a division of BBDS under Brown & Brown's dealer services platform, with Bill Kelly continuing to lead DAS operations from Bloomington, Minnesota.

Moody's Corporation Acquires Deloitte's ABS Suite Business

October 2, 2019

Software

Moody's Corporation has acquired ABS Suite, a securitization administration software platform, from Deloitte & Touche LLP. The acquisition brings the ABS Suite product and personnel into Moody's Analytics Structured Solutions business to strengthen Moody's structured finance capabilities and client offerings.

Automated Systems (ASI) Acquires American Bank Systems (ABS) with Support from Banyan Software

January 10, 2025

Software

Automated Systems, Inc. (ASI) has acquired American Bank Systems (ABS), a provider of loan origination and compliance-focused software for U.S. community banks. The transaction was completed with support from Banyan Software and will integrate ABS's CoPilot and BankManager products into ASI's core banking platform as part of Banyan's Financial Institutions Group to expand ASI's capability set for community banks.

ePlus Acquires ABS Technology

August 26, 2019

IT Services

ePlus inc. acquired certain assets and liabilities of Innovative Technology Systems & Solutions, Inc. (dba ABS Technology), closing the transaction on August 23, 2019 for undisclosed terms. The deal expands ePlus' consultative technology and managed services footprint in the Mid-Atlantic region and adds customers and capabilities across healthcare, education and government verticals.

Komatsu Acquires American Battery Solutions

November 26, 2023

Manufacturing

Komatsu, through its U.S. subsidiary Komatsu America Corp., agreed to acquire Detroit-based battery manufacturer American Battery Solutions (ABS), with the deal expected to close Dec. 1, 2023. Komatsu will integrate ABS' lithium‑ion battery technology to accelerate development of battery-powered construction and mining equipment while allowing ABS to operate as a stand‑alone business within Komatsu.