Funds and Accounts Managed by BlackRock Acquire AutoAlert

Alkami Acquires ACH Alert

October 6, 2020

Payments & Fintech

Alkami Technology, a Plano, Texas–based cloud digital banking platform, acquired ACH Alert, a provider of ACH and electronic payments fraud prevention solutions, to add fraud-prevention and secure money-movement capabilities to its platform. The acquisition integrates ACH Alert's PRO-TECH and PRO-CHEX solutions to strengthen Alkami's treasury and payments security offerings for banks and credit unions.

Kenect Acquires Auto Labs

March 5, 2025

Cloud & SaaS

Kenect, a provider of dealership engagement and reputation management software, has acquired Auto Labs, an AI-native platform focused on fixed operations and customer experience for automotive dealerships. The deal expands Kenect's AI capabilities—adding automated service scheduling, video multi-point inspection, recall mining and telephony—to improve dealer service lane utilization and customer retention; financial terms were not disclosed.

BlackRock Acquires SpiderRock Advisors

May 1, 2024

Financial Services

BlackRock has completed the acquisition of SpiderRock Advisors, a Chicago-based asset manager specializing in option overlay strategies for separately managed accounts (SMAs). SpiderRock — which manages roughly $4.8 billion in AUM — will be integrated into BlackRock’s U.S. Wealth Advisory business to expand SMA customization and option-overlay capabilities for financial advisors and clients.

Smith System (LLCP Portfolio Company) Acquires Driver's Alert

February 10, 2020

Transportation

Smith System Driver Improvement Institute, a portfolio company of Levine Leichtman Capital Partners, acquired Driver's Alert to expand its fleet safety management, e-learning content, and data-driven risk-identification capabilities. The transaction strengthens Smith System's digital training and telematics offerings for commercial fleets and complements LLCP's support of the platform.

AutoManager Acquires Selly Automotive

June 21, 2022

Software

Beekman Group-backed AutoManager has completed a merger between its subsidiary AutoManager Acquisition, Inc. and A1 Software, Inc. (dba Selly Automotive), with AutoManager providing a growth investment to support Selly's staff expansion and product development. The deal integrates Selly's CRM into the AutoManager dealership software platform to expand capabilities and accelerate growth for independent auto dealerships in the U.S. and Canada.

Walmart Acquires Alert Innovation

October 6, 2022

Transportation

Walmart has signed a definitive agreement to acquire Alert Innovation, the Boston-area developer of the Alphabot automated e-grocery fulfillment system. The acquisition brings Alert Innovation’s development, manufacturing and deployment capabilities in-house to accelerate Walmart's market fulfillment center automation and omnichannel grocery fulfillment.