We are merging with AutoManager, a leading DMS provider, this is great news for our customers and team. We have also raised a new growth investment that will allow us to significantly grow our team and product! The same great customer experience you have enjoyed at Selly will continue and get even better! Here's the official press announcement:
SAN FRANCISCO -- The Beekman Group-backed AutoManager Holdings Group, LLC (“AutoManager”), a provider of dealer management system and website builder tools to independent auto dealerships, has completed a merger between subsidiary AutoManager Acquisition, Inc. and A1 Software, Inc. (dba Selly Automotive) (“Selly”). Selly is a leading provider of customer relationship management (“CRM”) software and also targets the independent auto industry. As part of the transaction, AutoManager provided Selly with a growth investment to support staff expansion and product development.
“We are thrilled to add the talented Selly team to the AutoManager platform and believe that the combined company will be better positioned to serve our customers and deliver outstanding products,” commented Kami Tafreshi, CEO of AutoManager. “Going forward, we will remain focused on developing and / or acquiring the software tools that our dealership customers need to be as efficient and competitive as possible.”
Zach Klempf, CEO and founder of Selly, commented, “This partnership is a fantastic outcome for Selly, its investors, and employees, and we look forward to working with AutoManager in pursuing an accelerated growth strategy. I congratulate the AutoManager team, led by Kami Tafreshi and Ali Afshar, on building such a strong dealership software platform, and we believe that Selly’s CRM will be a highly complementary addition.”
Jim Clippard, Managing Director at Beekman, stated "This transaction is another key step in building a leading dealership software platform, and we believe that the merger will improve AutoManager’s software offering while creating multiple points of synergy across engineering, sales, and marketing. We look forward to supporting the combined team on the range of initiatives that we have developed as partners.”
AutoManager is a leading provider of Dealer Management Software (DMS) and digital marketing solutions with a 25+ year track record of helping independent and franchise auto dealers increase sales and business productivity.
About The Beekman Group
The Beekman Group is a private equity firm, based in New York City, focused on building industry-leading companies in the healthcare, consumer, and business services sectors. The firm partners with management teams who desire to be significant owners and create meaningful value by accelerating organic and acquisition growth initiatives.