Vehlo Acquires Rapid Recon and Velocity Automotive

Vehlo Acquires Shop-Ware

March 13, 2024

Software

Vehlo, a provider of software and financial solutions for the automotive repair industry, has acquired Shop-Ware, a cloud-based shop management platform for independent repair shops. The acquisition expands Vehlo's aftermarket product suite with Shop-Ware's automation, customer communication (DVX) and ML-driven Parts GP Optimizer capabilities.

Vehlo Acquires Dealer Pay from Convenient Brands

May 28, 2025

Payments & Fintech

Vehlo (Vehlo Holdings) has acquired Dealer Pay, a dealer-focused payments and POS software provider, from Convenient Brands, a portfolio company of The Beekman Group. The deal expands Vehlo's dealership service-lane ecosystem by adding integrated payment processing, DMS integrations, reporting, and loyalty features to its suite of automotive software and financial solutions.

R Systems Acquires Velotio

June 7, 2023

IT Services

R Systems has signed a definitive agreement to acquire Velotio, an India-based product engineering and digital solutions provider with 300+ engineers. The acquisition will deepen R Systems' engineering and delivery capabilities—including cloud, DevOps, data engineering and generative AI—and expand its India delivery presence in Pune.

Vehlo Acquires Total Customer Connect

July 15, 2025

Automotive

Vehlo, a provider of integrated software and payment solutions for the vehicle service industry, has acquired Total Customer Connect (TCC), a provider of customer retention, service lane technology and marketing solutions for automotive dealerships. The deal will integrate TCC's automated service reminders, digital multi-point inspections, CRM and personalized marketing capabilities into Vehlo's platform to enhance dealership service-lane workflows and customer engagement.

Greater Sum Ventures Leads Majority Investment in Vehlo

June 6, 2022

Cloud & SaaS

Greater Sum Ventures (GSV) led a majority strategic growth investment in Vehlo, joined by existing investors PSG, HarbourVest Partners and Parkwood, and new investor Lightyear Capital. The financing will support Vehlo’s product innovation, customer success initiatives and additional add-on acquisitions as it expands its cloud-based software and fintech solutions for the automotive repair industry.

Bombardier Acquires Velocity Maintenance Solutions

February 9, 2026

Aerospace & Defense

Bombardier, through its U.S. subsidiary Learjet Inc., has acquired Velocity Maintenance Solutions, a Wilmington, Delaware–based aircraft MRO provider. The acquisition — terms confidential — adds a 35,000 sq. ft. hangar and 14 mobile repair trucks to Bombardier’s service network, expanding its U.S. MRO and AOG capabilities and supporting its services growth strategy.