Wednesday, Jun. 22, 2022, 12:29 PM
The AutoManager and Selly Automotive software companies have merged.
AutoManager Holdings Group, which provides DMS and website tools to independent dealers, said in a news release Monday it has completed the merger between its AutoManager Acquisition, Inc. subsidiary and A1 Software, Inc., which does business as Selly Automotive.
Selly provides CRM software to independent auto dealers.
Terms of the transaction were not disclosed in the news release, but AutoManager said it provided growth investment to Selly to grow staff and product development.
“We are thrilled to add the talented Selly team to the AutoManager platform and believe that the combined company will be better positioned to serve our customers and deliver outstanding products,” AutoManager chief executive officer Kami Tafreshi. “Going forward, we will remain focused on developing and / or acquiring the software tools that our dealership customers need to be as efficient and competitive as possible.”
Selly CEO and founder Zach Klempf added: “This partnership is a fantastic outcome for Selly, its investors, and employees, and we look forward to working with AutoManager in pursuing an accelerated growth strategy.
“I congratulate the AutoManager team, on building such a strong dealership software platform, and we believe that Selly’s CRM will be a highly complementary addition,” he said.