PBS Systems Announces Acquisition of Dealer Image Pro
PBS Systems, a DMS provider, announces the acquisition of Dealer Image Pro, an inventory merchandising solutions company. This is an explicit ownership transfer of one automotive dealership vendor by another.
Read the source announcementTracking Dealer Image Pro for your dealership stack?
View Dealer Image Pro profile, innovation score & alternativesMore Acquisition news
Penske Automotive goes private at $16.3B valuation
Mitsui & Co. and Penske Corp. are acquiring the remaining stake they don't own in Penske Automotive, taking the company private at a $16.3B valuation with a 64-36 ownership split.
Carvana gets a $4k Premium at their New Stellantis Stores
Carvana acquired multiple Stellantis franchise stores and scaled one Arizona location from 30-50 units to over 700 monthly units using an online-first model. This represents a significant acquisition event with ownership transfer.
Penske and Mitsui seek to take Penske Auto private in $3.8B deal
Penske and Mitsui are seeking to take Penske Automotive Group private in a $3.8B deal. This represents an ownership transfer of a major automotive retailer.
See how your vendor stack compares
See what your local rivals run — no vendor knows you're looking.
See how you stack up — free