Capstreet-backed TradePending Acquires AutoAPR

The CapStreet Group Majority Recapitalizes TradePending

February 24, 2021

Software

The CapStreet Group completed a majority recapitalization of TradePending, a Carrboro, North Carolina-based provider of software for car dealerships. Stellus Capital Management provided unitranche senior debt financing in support of the transaction; the deal positions TradePending for accelerated organic growth, product investment and potential add-on acquisitions.

TradePending Acquires Snapcell

August 15, 2023

Cloud & SaaS

TradePending, a Capstreet-backed sales enablement platform for car dealerships, has acquired Snapcell, a SaaS automotive video marketing provider. The add-on brings personalized video engagement capabilities into TradePending's dealer-focused product suite to improve customer trust, engagement and sales; financial terms were not disclosed.

TradePending Acquires Fixed Ops Digital

October 11, 2023

Marketing & Advertising

TradePending, a Capstreet-backed sales enablement and consumer experience platform for car dealerships, has acquired Fixed Ops Digital, a marketing and technology provider for dealership fixed operations. The acquisition adds Fixed Ops' SPARK website service experience platform (used by 800+ franchise dealerships in the U.S. and Canada) to TradePending's offerings; financial terms were not disclosed and Fixed Ops' management will remain in place.

TreviPay Acquires Apruve

December 8, 2022

Payments & Fintech

TreviPay, a global B2B payments and invoicing network based in Overland Park, Kansas, has signed a definitive agreement to acquire Apruve, a trade-credit automation and pay-by-invoice platform. The acquisition expands TreviPay's order-to-cash capabilities and deepens its presence in the manufacturing vertical and key international markets.

TrueCar Acquires 20% Stake in Accu-Trade

February 14, 2019

Automotive

TrueCar, Inc. purchased a 20% minority stake in Accu-Trade, a VIN-specific vehicle appraisal technology provider, to power its TrueCar Trade platform. The investment integrates Accu-Trade’s real-time, mobile-first valuation and guaranteed offer capabilities into TrueCar’s dealer and consumer-facing workflows to expand vehicle trade-in transparency and dealer acquisition efficiency.

Beekman-Backed AutoManager Acquires AutoAp

December 19, 2023

Software

AutoManager Acquisition, Inc., a dealership software provider majority-owned by The Beekman Group, has acquired AutoAp, Inc., a Recalls‑As‑A‑Service provider that automates safety recall discovery and management for dealerships, fleets and rental companies. The acquisition bolsters AutoManager's product portfolio by adding recall-management technology and services to its dealer management and CRM offerings.