J.D. Power, a global data analytics and consumer intelligence business, has acquired Superior Integrated Solutions Inc./Darwin Automotive, a provider of automotive finance and insurance software used by automotive dealerships. J.D. Power expects the deal to add to what it can provide with its data, analytics, and software components to auto dealers, original equipment manufacturers, third-parties and consumers.
“We are focused on maximizing the value of our extensive data and analytics assets by connecting the key components of the auto industry supply chain from OEMs to dealers to consumers and empowering each link in that chain with critical intelligence, streamlined workflows and user-friendly software,” said Dave Habiger, president and CEO of J.D. Power. “By partnering with Phillip Battista and his amazing team at Superior Integrated Solutions/Darwin Automotive, we will be well positioned to help auto dealers maximize profits while delivering a world-class customer experience.”
“The auto industry is undergoing a historic transformation that will put powerful customer analytics and highly customized, multi-channel solutions at the center of the vehicle purchase experience,” said Phillip Battista, CEO, Superior Integrated Solutions/Darwin Automotive, who will become president of dealership technologies at J.D. Power. “J.D. Power is an iconic brand that drives consumer confidence worldwide and the combination of the J.D. Power brand and our technology will be a game changer for the industry affecting everyone from online consumers to dealers to OEMs to insurers. We are thrilled to be working with J.D. Power and look forward to even bigger and better innovations to come.”
Portico Capital Securities served as exclusive financial advisor to Superior Integrated Solutions/Darwin Automotive.