DealerSocket, Inc., a leading provider of automotive software solutions, announced today the completion of its acquisition of Auto/Mate, a leader in Dealer Management Systems (DMS) for automotive dealers. The closing of this acquisition brings together two customer-service focused companies and gives dealers a thorough new selection for an all-in-one, intelligent software platform for dealerships.
“The combination of DealerSocket and Auto/Mate gives dealers a long-awaited and far-needed alternative to have an integrated, connected platform of mission-critical software for dealerships,” said Sejal Pietrzak, CEO and President of DealerSocket. “Auto/Mate has produced a reputation as a transformative, fast-growing DMS with the unmatched dedication to customer support. While we examine our combined company, you will find tremendous opportunities for innovation, while we maintain our strong give attention to support. I am just pumped up about this acquisition and exactly what it represents for us, dealers, as well as the broader market.”
Integrating Auto/Mate’s DMS with DealerSocket’s current suite of software products for franchise dealers, including DealerSocket’s CRM, Inventory Management, Digital Retail, Equity Mining, and Digital Marketing / Websites, will offer you franchise dealers an entire platform of industry-leading and innovative software solutions. DealerSocket will offer independent dealers two DMS options: DealerSocket’s iDMS and Auto/Mate DMS, both best-in-class software programs supporting the requirements the independent and purchase-here-pay-here markets.
“Auto/Mate is thrilled to be part of www dealersocket com. We have a shared mission of serving dealers with great software and customer support, and this makes this a winning combination for our customers, partners, and associates,” said Mike Esposito, President & CEO of Auto/Mate. “Our combined company is a powerhouse available in the market, offering dealers industry-leading service and software, and most importantly, continuing to get committed to our “By Car People, For Car People” motto. We have been enthusiastic about this new chapter for Auto/Mate and also the industry.”
The combined company now supports a lot more than 9,000 dealerships and well over 300,000 active users across its products. DealerSocket wants to invest significantly in seamless integrations with Auto/Mate. The roadmap includes important and valuable technology developments including artificial intelligence (AI) and machine learning (ML), and continuous improvements to user interfaces with a focus on making all facets in the combined company’s software products even much easier to learn and use, ultimately helping dealers sell more vehicles and increase profitability.
“Offering a complete platform to the automotive industry continues to be DealerSocket’s vision for many years,” said Jonathan Ord, co-founder of DealerSocket. “Both DealerSocket and Auto/Mate share similar core values, and have dedicated teams who have always cared deeply about dealership customers.”
“After years inside the making, it is terrific to finally begin to see the combination of both of these companies that are really focused on the needs in the dealer,” said Brad Perry, co-founder of DealerSocket. “I believe we shall look back years from now and recognize that bringing together DealerSocket and Auto/Mate was just about the most impactful and game-changing combinations for dealers wpevsr the automotive software industry,” shared Pietrzak.
DealerSocket and Auto/Mate will formally launch and celebrate their merger on the NADA 2020 show from Feb 15-17. For more information on the acquisition and combined company’s plans, visit both DealerSocket and Auto/Mate’s booths within the Las Vegas Convention Center’s Central Hall.