Convenient Brands Acquires Dealer Pay
August 4, 2022
Convenient Brands, a Draper, Utah-based platform and portfolio company of The Beekman Group, has acquired Dealer Pay, LLC, a St. Louis-area provider of web-based payments and point-of-sale software for automotive dealerships. The transaction includes a strategic growth investment to accelerate product development and expand Convenient Brands' automotive payments and software offering.
- Buyers
- Convenient Brands, The Beekman Group
- Targets
- Dealer Pay, LLC
- Platforms
- Convenient Brands
- Industry
- Payments & Fintech
- Location
- Missouri, United States
- Transaction Type
- Addon
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