DealerSocket, Inc., a leading provider of automotive software solutions, introduced today the completion of the acquisition of Auto/Mate, a leader in Dealer Management Systems (DMS) for automotive dealerships. The closing of this acquisition brings together two customer-service focused companies and provides dealers a comprehensive new selection for an all-in-one, intelligent software platform for dealerships.
“The blend 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 built a reputation as a transformative, fast-growing DMS with the unmatched persistence for customer service. While we examine our combined company, you will find tremendous opportunities for innovation, basically we maintain our strong give attention to support. I am pumped up about this acquisition and what it really represents for people, 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 provide franchise dealers a complete platform of industry-leading and innovative software programs. DealerSocket can offer independent dealers two DMS options: DealerSocket’s iDMS and Auto/Mate DMS, both best-in-class software programs supporting the needs of the independent and buy-here-pay-here markets.
“Auto/Mate is thrilled to get part of my.dealersocket.com. We have a shared mission of serving dealers with great software and customer care, and that makes this a winning combination for your 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 even more importantly, continuing to be dedicated to our “By Car People, For Car People” motto. We have been excited 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 having a focus on making all facets of the combined company’s software products even simpler to learn and utilize, ultimately helping dealers sell more vehicles and increase profitability.
“Offering an entire platform to the automotive industry has become DealerSocket’s vision for quite some time,” said Jonathan Ord, co-founder of DealerSocket. “Both DealerSocket and Auto/Mate share similar core values, and have dedicated teams who may have always cared deeply about dealership customers.”
“After years within the making, it is actually terrific to finally view the blend of these two businesses that are really focused on the needs of the dealer,” said Brad Perry, co-founder of DealerSocket. “I believe we will look back years from now and recognize that bringing together DealerSocket and Auto/Mate was one of 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. To understand 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.