TAMPA, Fla.–(Business WIRE)–Performant Money announced today that it has acquired a leading SaaS service provider of automotive services workflow software instruments, Bolt On Technological know-how (“Bolt On”). Performant will integrate Bolt On with present portfolio providers MyShopManager and Unotifi. The ensuing SaaS system is uniquely suited to boost profits and profitability for auto restore expert services with its cloud-primarily based answers. The enterprises will carry on to market beneath their respective makes, and Bolt On founder and CEO Michael Risich will serve as CEO for the put together businesses.
Established in 2008, Bolt On Technologies supplies a SaaS workflow automation software for the impartial car service channel. Bolt On’s digital car inspection and messaging items enhance workflow transparency and conversation for its automotive provider middle consumers. Bolt On will help store house owners to improve efficiencies as a result of the use of its workflow supervisor software, driving bigger utilization by way of greater restore orders by an typical of 39{7b5a5d0e414f5ae9befbbfe0565391237b22ed5a572478ce6579290fab1e7f91}. For added data about Bolt On Technologies, check out www.boltontechnology.com.
Performant’s current system financial commitment in MyShopManager and Unotifi produced a SaaS advertising automation option serving equally the franchise and independent automobile provider centre channels. MyShopManager delivers a most effective-in-class promoting automation SaaS system principally for impartial vehicle mend outlets looking for to increase buyer acquisition and retention. Unotifi presents a cloud-based mostly client marriage management (CRM) platform that increases internet marketing functionality mainly for franchise supplier provider departments but also for automotive provider facilities.
The mixture of MyShopManager, Bolt On, and Unotifi produces a speedy-rising and market place-foremost SaaS CRM, advertising and marketing automation, electronic vehicle inspection and get the job done move platform. “With the addition of Bolt On, we now provide more than 7,500 shoppers across the franchise dealership and unbiased car services centre channels. With this scale and breadth of solutions, we are uniquely positioned to drive enterprise outcomes for our clients. The automotive SaaS landscape is highly dynamic and Bolt On matches completely into our strategy to deploy program methods that increase our clients’ earnings and maximize the worth of every single restore, all when integrating seamlessly into our clients’ present DMS or shop administration procedure – furnishing the most effective encounter to our consumers fairly than seeking to switch the system of history,” said Mike Ciaglia, Associate at Performant Money.
“The program devices are highly complementary, allowing for us to promptly leverage Bolt On’s cell-centric remedies in our cloud-based system. Beyond the technology, both businesses have a tested track report of results with demonstrable, quantifiable affect to the enterprise of our automotive clientele,” included Jeff Dillon, Spouse at Performant Capital.
Performant carries on to look for finest-in-course automotive SaaS platforms that would extend its geographic footprint and assistance abilities. If you have an chance that may well be an insert-on acquisition candidate, make sure you call Mike Ciaglia ([email protected]) or Chris McLaughlin ([email protected]).
About Performant Funds
Performant Funds is a Chicago-primarily based, decrease center current market non-public fairness agency focused on investments in technology-pushed corporations. Performant acquires firms throughout SaaS, technologies-enabled companies, and facts intelligence items and companies. With over 50 yrs of collective investing and running expertise in these sectors, Performant’s principals search for opportunities in which its depth of investing, operating expertise, and associate network can materially impact functionality. Additional details on Performant Money can be found at www.performantcapital.com.
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