M&A Deal Summary

Vehlo Acquires Shop-Ware

On March 13, 2024, Vehlo acquired software company Shop-Ware

Acquisition Highlights
  • This is Vehlo’s 3rd transaction in the Software sector.
  • This is Vehlo’s 3rd transaction in the United States.
  • This is Vehlo’s 2nd transaction in California.

M&A Deal Summary
Date 2024-03-13
Target Shop-Ware
Sector Software
Buyer(s) Vehlo
Deal Type Add-on Acquisition

Target

Shop-Ware

San Francisco, California, United States
website
Shop-Ware is a cloud-based shop management platform catering to independent repair shops within the automotive aftermarket. Shop-Ware is based in San Francisco, California.

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Buyer(S) 1

Buyer

Vehlo

Knoxville, Tennessee, United States

website

Category Company
Sector Software
DESCRIPTION

Vehlo is a provider of software and financial solutions for the automotive repair industry. Its product suite consists of everything the modern auto service provider needs to deliver an excellent customer experience and run a profitable business. Vehlo is based in Knoxville, Tennessee.

DEAL STATS #
Overall 3 of 3
Sector (Software) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-22 Velocity Automotive

Destin, Florida, United States

Velocity Automotive delivers innovative software solutions that transform how dealerships share car buying information with their customers and create operational efficiencies in the reconditioning process to increase market readiness and gross profits. Velocity Automotive was founded in 2018 and is based in Destin, Florida.

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