CarData, Inc. Acquires DiamondLot to Expand in Southern California

November 20, 2025

CarData, Inc. has acquired DiamondLot, a Southern California vehicle merchandising and dealership photography services provider founded by Rick Wolverton. The acquisition strengthens CarData's footprint in the competitive Southern California market, retains select DiamondLot staff, and aims to enhance service capacity and technology-enabled merchandising for franchise dealerships.

Buyers
CarData, Inc.
Targets
DiamondLot
Sellers
Rick Wolverton
Location
California, United States
Transaction Type
Buyout

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