Main F&I supplier Protected-Guard Merchandise Worldwide has jumped into the service facet of automotive retail with its latest acquisition of fastened operations facility growth agency Vendor Options and Design.
That is Protected-Guard’s first acquisition. The corporate stated integrating DSD’s providers will enormously develop its capability to work past the and permit Protected-Guard to assist dealership teams with course of and infrastructure enhancements.
“DSD has almost twenty years of success reworking dealerships into trendy fashions of perform and design,” stated Protected-Guard CEO Randy Barkowitz. “With this acquisition, we will provide our clients a optimistic buyer expertise from the preliminary level of sale during the service expertise. The mixture creates distinctive capabilities for our retailer companions to maximise their buyer and repair alternatives.”
DSD has labored with dealerships on greater than 1,000 facility tasks since its founding in 2005.
“Now we have labored laborious for almost twenty years to verify we offer what our sellers want to attain the best degree of success as they increase and modernize their service choices,” DSD CEO Michael Bolden stated in an announcement. “As one of many leaders within the automotive trade, Protected-Guard embodies that very same ideally suited and can increase our mannequin to a considerably bigger buyer base. We share lots of the identical companions and I look ahead to the alternatives this mixed providing will deliver.”
That is the second latest acquisition of a service-related firm by an F&I supplier. In June, StoneEagle purchased service division startup Pencilwrench.
