CitNOW Group provides market-leading software products to franchised car dealerships to improve both efficiency and conversion of sales and aftersales. These transactions mark CitNOW Group’s second, third and fourth bolt-ons since Livingbridge’s investment and European mid-market tech investor Tenzing’s reinvestment in July 2022, and shortly follow its acquisition of software provider Real Time Communications in August.
Target – AUTO IMAGING LIMITED, AUTOSLM LTD, Dealerdesk GmbH
Buyer – CITNOW VIDEO LIMITED
Seller – Shareholders