DealerSocket, Inc., a leading provider of automotive software programs, announced today the completion of its purchase of Auto/Mate, a frontrunner in Dealer Management Systems (DMS) for automotive shops. The closing of this acquisition brings together two customer-service focused companies and provides dealers a thorough new choice for an all-in-one, intelligent software platform for their dealerships.
“The combination of DealerSocket and Auto/Mate gives dealers a long-awaited and a lot-needed alternative for 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 having an unmatched persistence for customer care. Since we look at our combined company, there are tremendous opportunities for innovation, while we maintain our strong give attention to support. I am excited about this acquisition and exactly what it represents for all of us, dealers, and also 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 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 needs of the independent and buy-here-pay-here markets.
“Auto/Mate is thrilled to become a part of my dealersocket. There exists a shared mission of serving dealers with great software and customer service, and this makes this a winning combination for your customers, partners, and team members,” said Mike Esposito, President & CEO of Auto/Mate. “Our combined company will be a powerhouse in the market, offering dealers industry-leading service and software, and most importantly, continuing to become committed to our “By Car People, For Car People” motto. We are excited about this new chapter for Auto/Mate as well as 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 plans 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 every aspect in the combined company’s software products even easier to learn and utilize, ultimately helping dealers sell more vehicles and increase profitability.
“Offering a complete platform towards the automotive industry continues to be 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 terrific to finally view the blend of those two businesses that are really focused on the needs in the dealer,” said Brad Perry, co-founder of DealerSocket. “I believe we are going to look back years from now and recognize 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 at 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.