TRADER Corporation Acquires Canadian Operations of Dealertrack, VinSolutions, Dealer.com, Xtime and Kelley Blue Book from Cox Automotive
November 10, 2022
TRADER Corporation has agreed to acquire the Canadian operations of Dealertrack, VinSolutions, Dealer.com, Xtime and Kelley Blue Book from Cox Automotive's Canadian Retail business. The move brings Canadian-focused dealer software, digital retailing and valuation capabilities into TRADER to deliver more localized services for Canadian dealerships and OEMs; most Canadian Cox Automotive Retail employees are expected to transition to TRADER.
- Buyers
- TRADER Corporation
- Targets
- Dealertrack Canada, VinSolutions (Canadian operations), Dealer.com (Canadian operations), Xtime (Canadian operations), Kelley Blue Book (Canadian operations)
- Sellers
- Cox Automotive (Canadian Retail business)
- Industry
- Automotive
- Location
- Ontario, Canada
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
AutoScout24 Acquires TRADER Corporation from Thoma Bravo
August 16, 2024
E-Commerce
AutoScout24 has signed an agreement to acquire TRADER Corporation (TRADER Canada) from Thoma Bravo, with funds affiliated with existing majority shareholder Hellman & Friedman making an incremental equity investment in AutoScout24. The acquisition expands AutoScout24's presence into Canada and adds TRADER's leading marketplaces (AutoTrader.ca, AutoHebdo.net), dealer software (AutoSync), lender portal (DealerTrack) and collateral management services to its product set.
-
TRADER Corporation Invests in Activix (Thoma Bravo Portfolio)
May 27, 2021
Cloud & SaaS
Activix, a Canadian CRM provider for automotive dealerships, received a strategic investment from TRADER Corporation, a portfolio company of private equity firm Thoma Bravo. The investment will accelerate Activix’s product development, expand its addressable market in Canada, and enable closer integration with TRADER’s digital automotive offerings to better serve dealer customers.
-
Vitu Acquires Dealertrack Registration and Titling Businesses from Cox Automotive
November 25, 2024
Automotive
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.
-
Solera Acquires Omnitracs and DealerSocket
May 17, 2021
Automotive
Solera Holdings announced it will acquire Omnitracs, a fleet management platform, and DealerSocket, a SaaS provider to the automotive retail sector, expanding Solera’s vehicle lifecycle management capabilities. The transactions (financial terms not disclosed) are intended to create a unified, end-to-end technology and data platform across fleet, dealership and lifecycle services.
-
Snap-on Acquires Dealer-FX from HGGC
March 8, 2021
Software
Snap-on Incorporated has acquired Dealer-FX, a Toronto-area provider of SaaS customer experience and service automation software for automotive dealers and OEMs, from private equity firm HGGC. The deal brings Dealer-FX's One Platform and dealer-focused product suite into Snap-on's Total Shop Solutions portfolio to expand its software and service capabilities for dealerships and OEM customers.
-
J.D. Power Acquires Trilogy Automotive
December 20, 2019
Cloud & SaaS
J.D. Power has acquired Trilogy Automotive, the automotive software division of Trilogy Enterprises, and will integrate Trilogy's SaaS-based lead management platform into its Autodata Solutions division to expand OEM digital dealer capabilities. Trilogy Automotive's leadership and employees will join J.D. Power to scale the combined offering for OEMs and dealers.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.