JD Power acquires leading automotive finance and insurance software provider Superior Integrated Solutions / Darwin Automotive
TROY, Michigan – (COMMERCIAL THREAD) – JD Power, a global leader in data analytics and consumer intelligence, today announced the acquisition of Superior Integrated Solutions, Inc./Darwin Automotive, a leading software vendor auto finance and insurance (F&I) used by auto dealers. The acquisition enhances the value JD Power can deliver with its data, analytics and software components to automotive dealers, original equipment manufacturers (OEMs), third parties and consumers as the industry continues to grow. use new technologies to improve the consumer experience.
“We are focused on maximizing the value of our vast data and analytics resources by connecting key components of the automotive industry supply chain, from OEMs to dealers to consumers, and by providing every link in this chain of critical intelligence, streamlined workflows and user-friendly software. ,” mentionned Dave Habiger, President and CEO of JD Power. “By partnering with Phillip Battista and his great team at Superior Integrated Solutions / Darwin Automotive, we will be in a good position to help auto dealers maximize their profits while delivering a world-class customer experience. ”
Superior Integrated Solutions is a leader in F&I software and digital retail with more than 7,700 dealers using its technology. Its Darwin Automotive Platform is an industry-leading F&I menu software application, supporting both showroom sales and digital sales with highly personalized, customer-focused tools for selecting financing options. and vehicle protection. The technology leverages data and predictive analytics to tailor customer offerings based on a range of criteria, including specific vehicle information, overall transaction structure, and individual customer circumstances, creating the F&I package. optimal. Widely adopted by the largest dealer groups in the United States, the Darwin automotive platform is used in a third of all new vehicle transactions today.
“The automotive industry is undergoing a historic transformation that will place powerful customer analytics and highly personalized multi-channel solutions at the center of the vehicle buying experience,” said Phillip Battista, CEO, Superior Integrated Solutions / Darwin Automotive, who will become president of concession technologies at JD Power. “JD Power is an iconic brand that builds consumer confidence around the world and the combination of the JD Power brand and our technology will be a game-changer for the industry, affecting everyone from online consumers to dealerships, passing through equipment manufacturers and insurers. We are excited to be working with JD Power and look forward to even bigger and better innovations to come. ”
Superior Integrated Solutions / Darwin Automotive senior management and its 88 employees will join JD Power and form the basis of a new dealership technologies division.
Portico Capital Securities acted as exclusive financial advisor to Superior Integrated Solutions / Darwin Automotive in connection with this transaction.
About JD Power
JD Power is a global leader in consumer information, advisory services, data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, JD Power has for more than 50 years provided incisive industrial intelligence on customer interactions with brands and products. The world’s largest companies in major industries trust JD Power to guide their customer-centric strategies.
JD Power has offices in North America, Europe and Asia-Pacific. To learn more about the company’s commercial offerings, visit JDPower.com/business. The JD Power automatic purchase tool is available at JDPower.com.
About Superior Integrated Solutions / Darwin Automotive
Superior Integrated Solutions specializes in programming and integrating dealership management systems with third-party systems at auto dealerships. Serving more than 14 DMS systems, the company is the leader in real-time data integration services. Offering in-house bespoke development services including F&I, accounting, service and parts, Superior currently represents approximately 70% of the top 20 dealer groups nationwide. Superior also owns Darwin Automotive, a cutting-edge digital F&I and retail menu software application, which supports both showroom sales and digital sales with highly personalized, customer-focused tools for select vehicle financing and protection options.
About JD Power and advertising / promotional rules: http://www.jdpower.com/business/about-us/press-release-info.