DealerSocket, Inc., a leading supplier of automotive software programs, introduced today the completion of its acquisition of Auto/Mate, a frontrunner in Dealer Management Systems (DMS) for automotive dealers. The closing of this acquisition brings together two customer-service focused companies and gives dealers a comprehensive new option for an all-in-one, intelligent software platform for their dealerships.
“The blend 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 persistence for customer support. While we take a look at our combined company, you will find tremendous opportunities for innovation, basically we maintain our strong focus on support. I am pumped up about this acquisition and what it represents for all of us, 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 offer franchise dealers a complete 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 solutions supporting the needs of the independent and get-here-pay-here markets.
“Auto/Mate is thrilled to become a part of www dealersocket com. There exists a shared mission of serving dealers with great software and customer service, and that 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 in the market, offering dealers industry-leading service and software, and more 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 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 using a focus on making all facets from the combined company’s software products even easier to learn and use, ultimately helping dealers sell more vehicles and increase profitability.
“Offering a complete 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 have dedicated teams that have always cared deeply about dealership customers.”
“After years inside the making, it really is terrific to finally view the mixture of these two firms that are extremely focused on the needs in the dealer,” said Brad Perry, co-founder of DealerSocket. “I believe we shall look back years from now and realize 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 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 Vegas Convention Center’s Central Hall.