Associated tags: Software, Online shopping, Data Management, Aftermarket, Automotive, General Automotive, DMS, Communication, Velocity, Professional Services, Other Automotive, Risk management, Finance, CRM
Locations: TENNESSEE, UNITED STATES, NORTH AMERICA, BOSTON, LONDON, PARKWOOD, NEW YORK, PARIS, NEVADA
Technology,
Payments,
Finance,
Automotive,
General Automotive,
Professional Services,
Software,
Data Management,
Fleet Management,
Culture,
Software as a service,
GSV,
Growth,
PSG,
Management Vehlo , a distinguished leader in software and financial solutions for the automotive repair industry, today announced additions to its executive leadership team, including newly appointed Chief Executive Officer Josh Weis , who succeeds Michelle Fischer upon her transition to chair the Vehlo board of directors.
Key Points:
- Vehlo , a distinguished leader in software and financial solutions for the automotive repair industry, today announced additions to its executive leadership team, including newly appointed Chief Executive Officer Josh Weis , who succeeds Michelle Fischer upon her transition to chair the Vehlo board of directors.
- Weis was most recently CEO of Office Pride, a commercial cleaning services franchisor, leading the company to record-breaking growth over the last two years.
- Under her leadership, Vehlo completed two recapitalizations, the first led by PSG and the second led by current control investor Greater Sum Ventures (GSV).
- The trio has decades of experience guiding SaaS platforms to profitable growth, and each has held leadership roles in a variety of private-equity sponsored businesses.
Retrieved on:
Wednesday, March 13, 2024
KNOXVILLE, Tenn., March 13, 2024 /PRNewswire/ -- Vehlo, a distinguished leader in software and financial solutions for the automotive repair industry, proudly unveils its latest strategic move – the acquisition of Shop-Ware, a cloud-based shop management platform catering to independent repair shops within the automotive aftermarket.
Key Points:
- Vehlo expands its aftermarket suite with robust product offerings covering the full ecosystem from single locations to multi-location operators.
- Vehlo, a leader in software and financial solutions for the automotive repair industry, has acquired Shop-Ware.
- By showcasing shop expertise with digital savvy, Shop-Ware enables service professionals to communicate better and sell their value.
- "Shop-Ware is a great addition to Vehlo's suite of shop management solutions and aligns with our mission to be the automotive repair industry's favorite technology partner, delivering a compelling return on investment with features loved by shop customers, shop owners, and technicians.
Data Management,
Aftermarket,
Automotive,
Technology,
Transport,
Other Automotive,
Other Technology,
General Automotive,
Vehicle Technology,
Software,
Logistics,
Supply Chain Management,
DMS,
IMS,
Velocity,
Portfolio (finance),
Investment,
Acquisition,
CRM,
NADA,
System,
Growth With the impressive growth during the year, Vehlo is positioning itself as the top choice for dealers looking for the right technology to drive profitable growth.
Key Points:
- With the impressive growth during the year, Vehlo is positioning itself as the top choice for dealers looking for the right technology to drive profitable growth.
- Vehlo will exhibit their solutions at NADA on February 2 - 4, 2024, at booth #3363W.
- Vehlo's dedication to enabling dealers to have easy-to-use and seamless technology and its steadfast commitment to customer service has fueled its success and growth.
- "2023 was an incredibly strong year as we welcomed new customers, companies, and employees," said Michelle Fischer, CEO of Vehlo.
Velocity,
CRM,
Software,
Quality control,
Road signs in South Africa,
Dealership,
Hewlett-Packard,
Sale,
Growth,
DMS,
CSI,
VIN,
Hathcock,
Love,
McGinn,
Acquisition,
Investment,
Communication,
Satellite navigation device,
Online shopping,
Management KNOXVILLE, Tenn. , Jan. 23, 2023 /PRNewswire/ -- Vehlo, a leading provider of software and financial solutions for the automotive repair industry, today announced the acquisition of Rapid Recon and Velocity Automotive — software providers comprising a category of fixed ops solutions focused on shortening that critical "time-to-line" for dealer pre-owned inventory by eliminating waste in reconditioning processes. They now extend Vehlo's Dealership Fixed Ops customer experience suite beyond the customer-pay side of dealer service operations.
Key Points:
- By bringing Rapid Recon and Velocity together, Vehlo is now the market leader in helping dealers connect their reconditioning-to-retail processes
KNOXVILLE, Tenn. , Jan. 23, 2023 /PRNewswire/ -- Vehlo , a leading provider of software and financial solutions for the automotive repair industry, today announced the acquisition of Rapid Recon and Velocity Automotive — software providers comprising a category of fixed ops solutions focused on shortening that critical "time-to-line" for dealer pre-owned inventory by eliminating waste in reconditioning processes.
- "The addition of Rapid Recon and Velocity to our portfolio allows us to connect the service department to its best customer: the pre-owned department.
- Rapid Recon adds the reconditioning solution that invented the software category, while Velocity Automotive gives us a digital merchandising solution that connects those reconditioning investments to the sales process.
- The addition of Rapid Recon and Velocity Automotive makes Vehlo the market leader in reconditioning software.
Data Management,
Aftermarket,
Automotive,
Technology,
Professional Services,
Other Automotive,
General Automotive,
Software,
Fintech,
Fleet Management,
Finance,
Solution,
Cox Automotive,
Lewis,
Software,
Industry,
LoJack,
Multimedia,
Goal,
SLM Solutions Group AG,
Solera,
IHS Markit,
Leadership,
Efficiency,
Acquisition,
Marketing,
Online shopping,
Management,
Risk management Vehlo , a leading provider of software and financial solutions for the automotive repair industry, today announced the appointment of automotive software veteran and longtime dealer advocate Ronda Lewis as Chief Revenue Officer.
Key Points:
- Vehlo , a leading provider of software and financial solutions for the automotive repair industry, today announced the appointment of automotive software veteran and longtime dealer advocate Ronda Lewis as Chief Revenue Officer.
- With notable stints at Cox Automotive, Dealertrack, and automotiveMastermind, Lewis brings to the role extensive M&A and private equity experience.
- View the full release here: https://www.businesswire.com/news/home/20221003005959/en/
Automotive software veteran Ronda Lewis is the new Chief Revenue Officer for Vehlo.
- She now joins Vehlo, a company that counts 19,000 rooftops as customers of its automotive repair software and payment solutions.
Software,
Finance,
Aftermarket,
Automotive,
Data Management,
Professional Services,
Technology,
General Automotive,
HarbourVest Partners,
Entrepreneurship,
Insurance,
Willkie Farr & Gallagher,
Marketing,
Science and technology in Asia,
Light-year,
Hans-Peter Wild,
Software,
CEO,
Partnership,
Solution,
GSV,
Growth,
PSG,
Technology,
Adoption,
Lightyear Capital,
Industry,
Efficiency,
Financial services,
Risk management,
Online shopping Vehlo also offers fintech solutions to support the financial operations of shop owners, including payments, small business loans and repair financing.
Key Points:
- Vehlo also offers fintech solutions to support the financial operations of shop owners, including payments, small business loans and repair financing.
- We look forward to supporting the team at Vehlo in its new chapter of growth, said Michal Petrzela, Managing Director of Lightyear Capital.
- PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.
- Lightyear brings focus and discipline to its investment process, as well as operating, transaction, and strategic management experience, along with significant contacts and resources beyond capital.
