acquires

CARS Acquires CreditIQ Automotive Fintech Platform, Enabling Instant Financing For Consumers, Dealers and Lenders | News

CHICAGO, Nov. 4, 2021 /PRNewswire/ — Cars.com Inc. (NYSE: CARS) (“CARS” or the “Company”), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, announces it has signed a definitive agreement to acquire CreditIQ, a cutting edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying. Consideration for the transaction will be $30 million at closing, funded using cash on hand, with the potential for up to an additional $50 million in performance-based cash consideration to be earned over the next three years. The transaction is expected to close this month.

“The acquisition of CreditIQ technology facilitates CARS’ entry into the rapidly-growing, multi-billion dollar Auto Finance market, expanding our TAM beyond the $35 billion Auto Advertising and Dealer Technology markets we operate in today. We’re excited to participate in this space with powerful digital solutions for dealers that

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LaFontaine Automotive Group acquires Superior Buick GMC in Dearborn

LaFontaine Automotive Group, a Michigan-based car dealership group, said Friday that it has acquired Superior Buick GMC in Dearborn, the latest expansion for LaFontaine amid a broader dealership consolidation trend.

LaFontaine said this deal — financial terms of which were not disclosed — brings its count of Buick GMC dealerships to four. It most recently follows LaFontaine’s acquisition of Signature Lincoln.

And in what the company characterized as “an aggressive acquisition path,” it said it has added 15 retail locations in Michigan in the last five years. In all, the group now includes 48 retail franchises, 10 collision centers and 28 Michigan retail locations. It represents the following brands: Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, Fiat, Genesis, Honda, Hyundai, Jeep, KIA, Mazda, RAM, Polestar, Subaru, Toyota, Volvo and Volkswagen.

In a statement, LaFontaine CEO Ryan LaFontaine said there is a “tremendous opportunity in the Dearborn community and surrounding cities to

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Wyndham Locations Acquires Travel + Leisure Brand

Travelers must be looking out for deals in places like city downtown places. But for well-liked resort properties, charges might be back to 2019 levels sooner somewhat than later.

However, resorts have been restricted in how they have used know-how in this process. For instance, many hotel websites nonetheless don’t embrace COVID-19 related critiques or don’t make it simple for vacationers to read well being and security evaluations. (Photo by Matteo Colombo/Getty Images.)This summer season, the Travel + Leisure Group will launch a subscription travel club for $10 a month, where travelers can get entry to unique experiences or special perks and amenities. You can have the type of dream trip you read about in a difficulty of Travel + Leisure, but with added benefits, Brodsky explained.

travel and leisure

The Knox County business was also voted among the high 25 hotdogs in the U.S. by Yelp. The restaurant was the one Tennessee … Read More

Wyndham Destinations Acquires Travel + Leisure

There can also be the rise of targeted tourism in every thing from culinary to wellness to esports – one other potential path to success with your segments. Then once more you may also just have to overhaul your consumer Travel care mannequin or rewards program to truly stand out. Come together with me and my household as we explore the world! “ I’m in love with cities I’ve never been to and folks I’ve never met.” – John Green.

Travel & Leisure

This isn’t your common travel magazine concerning the normal locations everyone goes to. At Windham Travel & Leisure, our tag line is “What’s in your bucket list? ” This is very fitting for my husband Darin and me, as a result of we’ve a travel bucket list together. It is a listing of the objectives you need to obtain, goals you want to fulfill, and adventures you need to expertise … Read More