Dealership Loan Navigator helps simplify the process of applying for funding

DealerSocket, Inc. is launching an easy-to-use, free, web-based application called the Dealership Loan Navigator to help dealerships navigate the complex process of applying for financial assistance through the CARES Act. Created in partnership with DealerSocket’s sister company Quick Base, the Dealership Loan Navigator guides dealers through a series of questions and then determines eligibility for financial assistance for various CARES Act loans, including the Paycheck Protection Program (PPP). The Navigator then populates the application into a PDF form, which dealers can download and send to their banks to apply for financial assistance.

“Dealers across the automotive retail industry are trying to understand the complex process of applying for financial assistance as part of the CARES Act. We want to help simplify the process through technology,” said Sejal Pietrzak, CEO of DealerSocket. “As a result, DealerSocket is partnering with Quick Base to launch the Dealership Loan Navigator that offers a simple, easy-to-use application to navigate the loan and financial assistance application process. Our focus has always been dealer-first, and this is one of several ways we are helping to support dealers during this challenging period.”

Filling out the Dealership Loan Navigator is easy. Dealers simply visit www.dealersocket.com on their mobile device or desktop and answer questions from the Small Business Administration (SBA) within the Dealership Loan Navigator online. The Navigator determines which financial assistance the dealership is eligible for, including various loans and the PPP. The Navigator then populates the application into a PDF which the dealer can then download and submit to a financial institution.

The Dealership Loan Navigator is just one-way DealerSocket is helping auto dealers during the COVID-19 pandemic. DealerSocket also announced they were slashing their April bills by up to 50% for their software. They are offering several products for free for a period of time, including their digital retailing software PrecisePrice, their Test Drive Delivery Scheduler in DealerFire, SocketCredit in their CRM, and the newly launched Absolute Sourcing and New Car Pricing modules in their Inventory+ product.

“DealerSocket focuses on being the trusted advisor for our dealers, and we are here to support them during this pandemic. As I’ve said, we will get through this, and we will get through this together with our dealers,” continued Pietrzak.

To learn more or to utilize the free application, Dealership Loan Navigator, visit www.dealersocket.com

About DealerSocket

DealerSocket is a leading provider of software for the automotive industry, offering a suite of seamlessly integrated products to help dealers sell and service vehicles more profitably while improving their customers’ experience. DealerSocket’s suite of products gives dealers of all sizes advanced Customer Relationship Management (CRM), innovative Digital Retail, Marketing and Websites, robust Vehicle Inventory Management, insightful Analytics Reporting, and solutions to streamline dealer operations such as Desking, Credit Reporting, Compliance, an independent-geared Dealer Management System (DMS), as well as Auto/Mate, a leader in DMS. DealerSocket serves more than 9,000 dealerships and 300,000 users. DealerSocket’s software has helped its customers sell more than 100 million vehicles throughout its history. For more information, visit DealerSocket.com, or follow us on Twitter, LinkedIn, and Facebook.

Contact:

Patrick Mendoza
CorporateCommunications@dealersocket.com
469-828-6325

The combination of these two dealer-dedicated companies offers a full platform solution with deep focus on customer service and innovative software.

DALLAS, February 10, 2020 – DealerSocket, Inc., a leading provider of automotive software solutions, announced today the completion of its acquisition of Auto/Mate, a leader in Dealer Management Systems (DMS) for automotive dealerships. The closing of this acquisition brings together two customer-service focused companies and offers dealers a comprehensive new choice for an all-in-one, intelligent software platform for their dealerships.

 

“The combination of DealerSocket and Auto/Mate gives dealers a long-awaited and much-needed alternative for an integrated, connected platform of mission-critical software for dealerships,” said Sejal Pietrzak, CEO and President of DealerSocket. “Auto/Mate has built a reputation as a transformative, fast-growing DMS with an unmatched commitment to customer service. As we look at our combined company, there are tremendous opportunities for innovation, while we maintain our strong focus on support. I am excited about this acquisition and what it represents for us, dealers, and the broader market.”

 

Integrating Auto/Mate’s DMS with DealerSocket’s current suite of software products for franchise dealers, including DealerSocket’s CRM, Inventory Management, Digital Retail, Equity Mining, and Digital Marketing / Websites, will offer franchise dealers a complete platform of industry-leading and innovative software solutions. DealerSocket will now offer independent dealers two DMS options: DealerSocket’s iDMS and Auto/Mate DMS, both best-in-class software solutions supporting the needs of the independent and buy-here-pay-here markets.

 

“Auto/Mate is thrilled to become part of DealerSocket. We have a shared mission of serving dealers with great software and customer service, and that makes this a winning combination for our customers, partners, and team members,” said Mike Esposito, President & CEO of Auto/Mate. “Our combined company will be a powerhouse in the market, offering dealers industry-leading service and software, and most importantly, continuing to be dedicated to our “By Car People, For Car People” motto. We are excited about this new chapter for Auto/Mate and the industry.”

 

The combined company now supports more than 9,000 dealerships and well over 300,000 active users across its products. DealerSocket plans to invest significantly in seamless integrations with Auto/Mate. The roadmap includes important and valuable technology developments including artificial intelligence (AI) and machine learning (ML), and continuous improvements to user interfaces with a focus on making all aspects of the combined company’s software products even easier to learn and use, ultimately helping dealers sell more vehicles and increase profitability.

 

“Offering a full platform to the automotive industry has been DealerSocket’s vision for several years,” said Jonathan Ord, co-founder of DealerSocket. “Both DealerSocket and Auto/Mate share similar core values, and both have dedicated teams who have always cared deeply about dealership customers.”

 

“After years in the making, it is terrific to finally see the combination of these two companies that are so focused on the needs of the dealer,” said Brad Perry, co-founder of DealerSocket. “I believe we will look back years from now and realize that bringing together DealerSocket and Auto/Mate was one of the most impactful and game-changing combinations for dealers and the automotive software industry,” shared Pietrzak.

 

DealerSocket and Auto/Mate will formally launch and celebrate their merger at the NADA 2020 show from Feb 15-17. To learn more about the acquisition and combined company’s plans, visit both DealerSocket and Auto/Mate’s booths inside the Las Vegas Convention Center’s Central Hall.

 

Presidio Technology Partners served as the exclusive financial advisor to Auto/Mate.

 

About DealerSocket

DealerSocket is a leading provider of software for the automotive industry, with a suite of seamlessly integrated products to help dealers sell and service vehicles more profitably, while improving their customers’ experience. DealerSocket’s suite of products includes advanced Customer Relationship Management (CRM), data focused Equity Mining, innovative Digital Retail, Marketing and Websites, robust Vehicle Inventory Management, insightful Analytics Reporting, and solutions to streamline dealer operations such as Desking, Credit Reporting, Compliance, and an independent-geared Dealer Management System (DMS) for dealers of all sizes. DealerSocket serves over 8,000 dealerships, and its software has helped customers sell more than 100 million vehicles throughout its 18-year history. For more information, visit DealerSocket.com, or follow us on Twitter, LinkedIn, and Facebook.

 

About Auto/Mate

Auto/Mate Dealership Systems is a leading provider of dealership management system software to retail automotive dealerships, typically saving dealers thousands of dollars per month from their current provider. AMPS® is a user-friendly, feature-rich DMS in use by more than 1,500 auto dealers nationwide. Auto/Mate has received multiple consecutive DrivingSales Dealer Satisfaction Awards. Auto/Mate’s employees have more than 1,500 years of combined experience working in franchised auto dealerships, the foundation of its By Car People, For Car People™ slogan. Auto/Mate is committed to winning its customers’ business each and every month with no long-term contracts and free software upgrades.

 

Contact:

Patrick Mendoza

PMendoza@DealerSocket.com,

469-828-6325

 

Mike Esposito, President & CEO

MEsposito@automate.com

 

Larry Colson, Chairman

Auto/Mate

LColson@automate.com

Bringing together these two companies will offer dealers an innovative, all-in-one software platform with industry-leading customer service

DALLAS–(BUSINESS WIRE)–DealerSocket, Inc., a leading provider of automotive software solutions, announced today that the company has signed a definitive
agreement to acquire Auto/Mate, a leading Dealer Management System (DMS) software provider for automotive dealerships. By bringing together Auto/Mate’s comprehensive DMS technology with DealerSocket’s suite of products, including its award-winning CRM, digital retail and websites, inventory management, and independent-focused DMS software solutions, the combined company will offer dealers an all-in-one, unique platform where innovative software is combined with best-in-class service.

“Bringing together DealerSocket and Auto/Mate will be a game changer for our customers, our companies, and the entire industry. For a long time, DealerSocket has believed that combining our companies could offer dealers a much needed new choice for a full platform solution,” said Sejal Pietrzak, CEO of DealerSocket. “Both Auto/Mate’s and DealerSocket’s industry-leading software and award-winning customer service help DealerSocket to Acquire Leading DMS Provider Auto/Mate Bringing together these two companies will offer dealers an innovative, all-in-one software platform with industry-leading customer service to improve profitability and processes for dealerships, and as a combined company, there are tremendous opportunities for innovation, while maintaining our strong focus on customer service.”

“Auto/Mate and DealerSocket have been partners for many years, and we have many joint customers. We could not have found a better home for our technology, employees, and customers than DealerSocket,” said Auto/Mate CEO Mike Esposito. “With the scale this deal brings and the investment we will receive being part of DealerSocket, we will be able to offer our customers and the broader market a seamless platform that will further advance what is possible for dealerships.”

Upon close, the combined company will support more than 9,000 dealerships and well over 300,000 active users. This acquisition is another step in DealerSocket’s commitment to provide automotive dealerships with integrated and innovative software solutions that help dealers sell more vehicles profitably while saving them time and creating efficiencies across the entire vehicle and consumer lifecycles.

“Auto/Mate has deep and long-standing relationships with their customers as well as impressive customer win rates from the industry’s largest DMS providers. Auto/Mate’s success is indicative of the strength of its innovative technology and the commitment of its employees who deliver an excellent customer experience to dealerships,” continued Pietrzak. “I am excited to welcome Auto/Mate’s team to DealerSocket, and we look forward to investing further in our joint products and our teams as we continue to deliver for our customers.”

DealerSocket and Auto/Mate will continue to operate separately until an official close has
been announced.

About DealerSocket

DealerSocket is a leading provider of software for the automotive industry with a suite of seamlessly integrated products to help dealers sell and service vehicles more profitably, while improving their customers’ experience. DealerSocket’s suite of products includes advanced Customer Relationship Management (CRM), innovative Digital Retail, Marketing and Websites, robust Vehicle Inventory Management, insightful Analytics Reporting, and solutions to streamline dealer operations such as Desking, Credit Reporting, Compliance, and an independent-geared Dealer Management System (DMS) for dealers of all sizes. DealerSocket’s software has helped customers sell more than 100 million vehicles throughout its 18-year history. For more information, visit DealerSocket.com, or follow us on Twitter, LinkedIn, and Facebook.

About Auto/Mate

Auto/Mate Dealership Systems is a leading provider of dealership management system software to retail automotive dealerships, typically saving dealers thousands of dollars per month from their current provider. AMPS® is a user-friendly, feature-rich DMS in use by more than 1,500 auto dealers nationwide. Auto/Mate has received multiple consecutive DrivingSales Dealer Satisfaction Awards.

Auto/Mate’s employees have more than 1,500 years of combined experience working in franchised auto dealerships, the foundation of its By Car People, For Car People™ slogan. Auto/Mate is committed to winning its customers’ business each and every month with no long-term contracts and free software upgrades.

Contacts

Patrick Mendoza

PMendoza@DealerSocket.com

469-828-6325

Mike Esposito, President

MEsposito@automate.com

Larry Colson, Chairman

LColson@automate.com

Tweets by @DealerSocket

Steckler brings nearly twenty years of experience in automotive retail and digital software

DealerSocket Inc. announces the hiring of Max Steckler as General Manager (GM) of DealerFire, DealerSocket’s digital business unit. Steckler spent over sixteen years in the automotive digital industry in key digital leadership roles at Cobalt, ADP Dealer Services, and CDK Global.

Steckler brings extensive SaaS technology and vertical domain expertise in automotive retail websites, digital advertising and marketing, agency services, and digital retailing. Throughout his career, he has developed deep relationships with OEMs, dealership groups, and automotive industry leaders.

“DealerSocket is proud to welcome Max to our leadership team,” said DealerSocket President and CEO Sejal Pietrzak. “He brings a wealth of knowledge, relationships, new ideas, and insights that will drive even greater growth for our DealerFire business unit. More importantly, his relentless focus on innovation and connecting the industry will grow sales, maximize profit, and achieve increased efficiency in our customer’s evolving operations.”

Most recently, Steckler was Chief Product Officer at AutoChoice, a start-up created to redefine the digital retailing experience. Before AutoChoice, he held several leadership roles in product management, business development, and operations. In his new role, Steckler leads DealerSocket’s DealerFire digital business unit with responsibility for strategy, product direction, go-to-market execution, operations, and P&L management.

“I’m excited to join DealerSocket because of our shared commitment to innovation and superior customer service for dealers, OEMs, and our industry partners,” said Steckler. “I’m looking forward to leading DealerFire’s truly outstanding team.”