Vehlo Acquires Dealer Pay from Convenient Brands

Convenient Brands Acquires Dealer Pay

August 4, 2022

Payments & Fintech

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.

Vehlo Acquires Shop-Ware

March 13, 2024

Software

Vehlo, a provider of software and financial solutions for the automotive repair industry, has acquired Shop-Ware, a cloud-based shop management platform for independent repair shops. The acquisition expands Vehlo's aftermarket product suite with Shop-Ware's automation, customer communication (DVX) and ML-driven Parts GP Optimizer capabilities.

Vehlo Acquires Rapid Recon and Velocity Automotive

January 23, 2023

Software

Vehlo, a provider of software and financial solutions for the automotive repair industry, has acquired Rapid Recon and Velocity Automotive to extend its Dealership Fixed Ops customer experience suite into reconditioning-to-retail workflows. The acquisitions add Rapid Recon's reconditioning workflow automation and Velocity Automotive's digital merchandising tools, enabling Vehlo to provide end-to-end fixed ops solutions for dealers.

Vehlo Acquires Total Customer Connect

July 15, 2025

Automotive

Vehlo, a provider of integrated software and payment solutions for the vehicle service industry, has acquired Total Customer Connect (TCC), a provider of customer retention, service lane technology and marketing solutions for automotive dealerships. The deal will integrate TCC's automated service reminders, digital multi-point inspections, CRM and personalized marketing capabilities into Vehlo's platform to enhance dealership service-lane workflows and customer engagement.

Greater Sum Ventures Leads Majority Investment in Vehlo

June 6, 2022

Cloud & SaaS

Greater Sum Ventures (GSV) led a majority strategic growth investment in Vehlo, joined by existing investors PSG, HarbourVest Partners and Parkwood, and new investor Lightyear Capital. The financing will support Vehlo’s product innovation, customer success initiatives and additional add-on acquisitions as it expands its cloud-based software and fintech solutions for the automotive repair industry.

MoonPay Acquires Helio

January 13, 2025

Payments & Fintech

MoonPay has acquired blockchain payment processor Helio for $175 million. The deal integrates Helio’s Solana-powered checkout technology into MoonPay’s payments infrastructure to expand its crypto merchant payment capabilities across e-commerce platforms like Shopify and Discord.