Performant Capital has bought Software-as-a-Service provider of automotive service workflow software tools, Bolt On Technology. After planned integration with existing portfolio companies MyShopManager and Unotifi, the resulting platform is suited to increase revenue and profitability for auto repair services via its cloud-based solutions.
“The software systems are highly complementary, allowing us to quickly leverage Bolt On’s mobile-centric solutions in our cloud-based platform,” said Jeff Dillon, partner at Performant Capital. “Beyond the technology, both businesses have a proven track record of success with demonstrable, quantifiable impact to the business of our automotive clients.”
“With the addition of Bolt On, we now serve more than 7,500 customers across the franchise dealership and independent auto service center channels,” added Mike Caiglia, partner at Performant Capital.