AutoVerify has announced the acquisition of Car Media 2.0 Inc.
The acquisition of Car Media enables AutoVerify to help dealers provide this type of interactive customer experience in a way that’s simple to integrate and does not interfere with current dealership processes.
“This is an important acquisition that will help move AutoVerify forward,” said James Hayes, AutoVerify co-founder and CEO. “It is our fourth major acquisition, bringing us closer to achieving the overall goal of providing North American dealers with an end-to-end solution that allows them to transact with customers who are researching and purchasing a vehicle digitally.”
Car Media offers dealers the option to either photograph their inventory internally or access a network of contract photographers to do it for them. Car Media has already been recognized and adopted by major North American manufacturers, and has a roadmap of valuable new products that will be periodically launching over the next year.
“There is a lot of knowledge and expertise at Car Media and we are excited to bring that into the AutoVerify fold,” says David Brebner, Co-Founder and CFO of AutoVerify. “By integrating these AI and machine learning powered products into our organization along with the people who built them, we can advance our core values which are focused around the concept of Being Better. This acquisition will help our team, our customers, and our industry continue to learn and Be Better.”
“AutoVerify has made their commitment to the North American automotive industry very clear,” says Bart Tecza, Car Media Founder and Partner. “We are aligned on a vision to deliver game changers, and we’re giddy about what’s coming up!”