DealerSocket, Inc., a leading supplier of automotive software solutions, introduced today the completion of the purchase of Auto/Mate, a frontrunner in Dealer Management Systems (DMS) for automotive dealerships. The closing of this acquisition brings together two customer-service focused companies and provides dealers an extensive new choice for an all-in-one, intelligent software platform for dealerships.
“The combination of DealerSocket and Auto/Mate gives dealers a long-awaited and much-needed alternative for an integrated, connected platform of mission-critical software for dealerships,” said Sejal Pietrzak, CEO and President of DealerSocket. “Auto/Mate has produced a reputation being a transformative, fast-growing DMS with an unmatched commitment to customer service. Since we examine our combined company, there are tremendous opportunities for innovation, while we maintain our strong give attention to support. I am enthusiastic about this acquisition and 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 a total platform of industry-leading and innovative software programs. DealerSocket will now offer independent dealers two DMS options: DealerSocket’s iDMS and Auto/Mate DMS, both best-in-class software programs supporting the requirements of the independent and get-here-pay-here markets.
“Auto/Mate is thrilled to get element 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 staff,” said Mike Esposito, President & CEO of Auto/Mate. “Our combined company is a powerhouse in the market, offering dealers industry-leading service and software, and more importantly, continuing to become committed to our “By Car People, For Car People” motto. Our company is enthusiastic about this new chapter for Auto/Mate as well as the industry.”
The combined company now supports greater 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 having a concentrate on making all facets in the combined company’s software products even simpler to learn and use, ultimately helping dealers sell more vehicles and increase profitability.
“Offering a complete platform for the automotive industry has been DealerSocket’s vision for several years,” said Jonathan Ord, co-founder of DealerSocket. “Both DealerSocket and Auto/Mate share similar core values, and both have dedicated teams who have always cared deeply about dealership customers.”
“After years within the making, it is actually terrific to finally begin to see the mixture of these two businesses that are so focused on the needs from the dealer,” said Brad Perry, co-founder of DealerSocket. “I believe we will look back years from now and realize that combining 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 in the NADA 2020 show from Feb 15-17. To learn more about the acquisition and combined company’s plans, visit both DealerSocket and Auto/Mate’s booths in the Las Vegas Convention Center’s Central Hall.