Keyloop Completes the Acquisition of Automotive Transformation Group (ATG). - Latest Global News

Keyloop Completes the Acquisition of Automotive Transformation Group (ATG).

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READING, England – Keyloop, a global automotive technology company, today announced the completion of its acquisition of ATG, an innovative automotive technology provider focused on omnichannel retail solutions. This follows the announcement of the conclusion of a definitive agreement on the 10thTh April 2024.

The acquisition is an important step in accelerating the implementation of Keyloop’s experience-first concept across the lifespan of vehicle ownership, helping automotive dealers and OEMs deliver exceptional customer experiences.

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Tom Kilroy, CEO of Keyloop, comments: Together, Keyloop and ATG create an integrated technology portfolio that more comprehensively connects the entire automotive journey, helping retailers and OEMs improve the customer experience through innovative solutions.”

Tim Smith, CEO of ATG, comments: Today’s announcement is a testament to ATG’s inspiring and innovative team and Keyloop’s vision and commitment. I am excited to join Keyloop’s leadership team and look forward to bringing our companies together in the coming weeks for the benefit of all of our customers.”

ATG is advised by Houlihan Lokey and Taylor Wessing. Keyloop is advised by King & Spalding and Paul Hastings LLP. ATG management was advised by Momentum Corporate Finance.

Editor’s note:

About Keyloop:

Keyloop delivers state-of-the-art solutions tailored to the modern needs of car dealers and OEMs alike. From the showroom to the workshop and everything in between, technology enables unique customer experiences across key systems, tools and departments. With 40 years of automotive DNA and a deep understanding of what it takes to be successful, Keyloop solutions are delivered to over 90 countries and are trusted by more than 18,000 retailers and 80 OEMs worldwide. Further information can be found at: www.keyloop.com. Download the latest Keyloop white paper. Revolutionizing automotive retail through technology.

About the Automotive Transformation Group (ATG):

As an innovative provider of retail software for the automotive industry, Automotive Transformation Group (ATG) is committed to making car buying easy. With 20 years of experience, technology deployed in 80 countries, and over 13 billion digital interactions captured to date, they have developed a deep understanding of car buying behavior, allowing them to develop consumer-focused software for retailers, OEMs, financiers, etc. Fleet suppliers around the world. Further information can be found at: atg.auto.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240502903241/en/

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contacts

For more information contact:
Rachel Perry/Antonia Phillips
Keyloop PR
[email protected]
[email protected]

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