Deloitte’s Midlands Company Finance staff has suggested the UK motor trade on the acquisition of a supplier of digital providers.
Sitnow Group additional expanded its operational footprint with the acquisition of Auto Imaging, an organization providing a variety of merchandise that assist sellers seize, improve and combination their car itemizing belongings.
The most recent deal is a part of Sitnow Group’s technique to broaden the attain and capabilities of its product portfolio. It’s anticipated that auto imaging instruments will improve the Sitnow Group portfolio, allow sellers to seize extra constant car imagery, present instant high quality management of images, automated inventory video, and speed up their deployment inside on-line listings.
Geoffrey Web page-Morris, Chief Government of Sitnow Group, mentioned: “Bringing Auto Imaging beneath the Sitnow Group umbrella is bound to extend the worth of our collective proposition for sellers, enabling them to standardize their car listings and enhance workflow effectivity. will assist.
“The tip buyer is at all times on the fore of our thoughts, and this newest addition is a part of our ongoing effort to enhance effectiveness and effectivity in automotive retail by offering wealthy digital options.”
Chris Grey, Managing Director of Auto Imaging, mentioned: “We really feel that our imaging and video options are a pure match inside the broader Sitnow Group portfolio. We sit up for increasing our already sturdy product providing into the following part that could be a It has been nice. An thrilling journey thus far for us.”
Auto Imaging and Grey have been suggested by the Deloitte Midlands Company Finance staff. Birketts LLP supplies authorized recommendation to its shareholders.
Dan Marchington, Director of the Deloitte Company Finance Group and Midlands Lead for Know-how M&A, mentioned: “The automotive software program market is a market we’re properly conscious of, and now we have recognized auto imaging as a profitable enterprise on this space. Chris and his staff have created a market main proposition in digital asset options for the automotive trade.
“We hung out with Chris, understanding his personal targets and his technique for the enterprise. We acknowledged Sitnow as an incredible dwelling. It was a pleasure to advise Chris on the sale, and we wish to assist Auto Imaging and the staff. Trying ahead to seeing you flourish. In your new dwelling.”