Experian Automotive Acquires AutoCount



Source: : Experian Press Release, May 19, 2004
Situation
Experian Automotive announced May 19 that it had acquired AutoCount; financial terms undisclosed
AutoCount publishes The AutoCount Report, giving dealers and lenders key info on new and used vehicle sales
AutoCount will continue to operate from Casselberry, FL, headquarters
Significant Points
AutoCount’s clients include top indirect lenders, dealerships, other auto industry related firms
Experian says acquisition consistent w/ strategy of acquiring complementary businesses
Says
"AutoCount is the premier resource for timely, accurate and comprehensive market share reporting on vehicle sales and financing. AutoCount brings an exciting array of solutions for both financial institutions and automotive dealers." -- Scott Waldron, President, Experian Automotive

"AutoCount's clients can benefit from Experian's unique combination of automotive marketing and credit information, providing us the opportunity to continue our rapid growth. We're excited to join forces with Experian Automotive, a leader in automotive information." -- Bob Starr, President, AutoCount