Monday, July 23, 2012

Dealer Track: Contract to Get 1st Auto Transport Directory

Expanding its range of solutions and services for the automotive trade industry, Dealer Track today announced a contract to get 1st Auto Transport Directory, Inc., a web-based network for arranging vehicle transport and shipping. Total thought for the transaction is estimated to be approximately $74.0 million in cash, subject to standard acquire price adjustments.

Similar to our other network solutions, the purchase of 1st Auto Transport supports our mission to be the leader in driving competence in the automotive retailing industry. 1st Auto helps dealers source and organize of vehicles in a extra timely and cost helpful manner, said Mark O'Neil, chairman and chief executive officer, Dealer Track. Dealer Track enables the key elements of a dealer's workflow with our award-winning DMS, credit application network, and account management tools, among other offerings. We believe Central Dispatch complements Dealer Track’s turn-key record management services, including analytics, pricing, merchandising, cluster trade and now transportation, for franchise and independent dealers.


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