DealerSocket, Inc., a leading supplier of automotive software solutions, announced today the completion of the acquisition of Auto/Mate, a frontrunner in Dealer Management Systems (DMS) for automotive shops. The closing of the acquisition brings together two customer-service focused companies and gives dealers an extensive 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 being a transformative, fast-growing DMS having an unmatched dedication to customer service. While we look at our combined company, you will find tremendous opportunities for innovation, while we maintain our strong give attention to support. I am pumped up about this acquisition and what it really represents for people, dealers, and 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 an entire 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 solutions supporting the requirements the independent and purchase-here-pay-here markets.
“Auto/Mate is thrilled to become element of dealersocket com login. We have a shared mission of serving dealers with great software and customer support, 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 certainly be a powerhouse on the market, offering dealers industry-leading service and software, and even more importantly, continuing to be focused on our “By Car People, For Car People” motto. We are enthusiastic 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 using a focus on making all aspects from the combined company’s software products even much easier to learn and utilize, ultimately helping dealers sell more vehicles and increase profitability.
“Offering an entire platform towards the automotive industry continues to be DealerSocket’s vision for quite some time,” said Jonathan Ord, co-founder of DealerSocket. “Both DealerSocket and Auto/Mate share similar core values, and both have dedicated teams who may 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 companies that are so 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 bringing together DealerSocket and Auto/Mate was probably 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 learn more about the acquisition and combined company’s plans, visit both DealerSocket and Auto/Mate’s booths within the Las Vegas Convention Center’s Central Hall.