Reynolds Acquisition of Gubagoo Builds on Company's Retail Anywhere Platform - AutoSuccessOnline

Reynolds Acquisition of Gubagoo Builds on Company’s Retail Anywhere Platform

Addition of digital retailing and chat platforms position dealers to meet consumers where they are

The Reynolds and Reynolds Company announced today the acquisition of Gubagoo, an award-winning leader in conversational commerce for the automotive industry. With its digital retailing tools, Gubagoo offers customers a complete online car-buying experience, and the company’s advanced live chat technology provides more ways for customers to connect with dealers.

The acquisition of Gubagoo represents an expansion of Reynolds Retail Anywhere platform, which offers a dealership-wide approach to serving customers no matter where they shop – in-store, online, or both – without sacrificing dealership profitability or control. 

“Reynolds is constantly looking for ways to enhance our solutions, and with this acquisition, we are making another investment in the future of our business and our dealership customers’ long-term profitability,” said Robert Burnett, executive vice president of Corporate Development and CFO at Reynolds. “Incorporating Gubagoo’s digital retailing and chat technology into our Retail Anywhere platform will further empower our dealer partners to compete and win against their competition.”

“We are excited to join the winning team at Reynolds,” said Brad Title, CEO of Gubagoo. “We are looking forward to accelerating our pace of innovation, as we continue advancing our conversational commerce and digital retailing tools to help dealers win the future.” 

“The technology Gubagoo brings to dealers on any system makes it truly unmatched in the industry,” added Burnett. “As customers continue to push more of the buying process online, dealers’ ability to engage and actively sell in that environment will separate successful retailers from the rest.

“This acquisition also demonstrates Reynolds’ eagerness – and capacity – to invest and grow strategically.”

You May Also Like

Runway Growth Capital Provides Growth Investment to CarNow

The funding will enable CarNow to accelerate product development and enhance its suite of digital retailing solutions.

Runway Growth Capital, LLC (“Runway”), a provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced a $40 million commitment to CarNow, a live-data automotive technology platform that helps dealers elevate the car-buying experience by transforming the way they connect with customers.

Orbee and EMG Integrate to Activate Audiences

Orbee’s data management continues to expand with EMG’s white glove approach to CTV and streaming audio advertising.

Paralyzed Veterans of America Receives Donation from Penske

This is the tenth year that Paralyzed Veterans of America and the Penske Automotive Group have partnered together.

Audi Napa Valley Expands into Fairfield

A joint venture between Schomp Automotive Group and Third Set Partners, the latest addition to Fairfield Auto Mall will open May 1, 2024.

ACE Appoints Kamal to VP Role

Tariq Kamal has joined Automotive Compliance Education as vice president of operations.

Other Posts

Xcite Automotive Acquires Pinnacle Automotive

Xcite is also welcoming two new board members as the acquisition enhances efficiency and boosts dealership profitability.

CARFAX Car Listings Approved for GM’s IMR Turnkey Program

This new collaboration helps GM dealers, including Chevrolet, Buick, GMC and Cadillac, save time and stretch budgets.

AutoSuccess Welcomes Kyle Alexander    

Kyle Alexander joins AutoSuccess after three years in TV news where he was a multimedia journalist and meteorologist.

Kyle Alexander, multimedia journalist
Innovative LITESTIX Work Light by BendPak Now Lasts Longer

The larger battery keeps the rechargeable hands-free light shining bright for up to 7 hours, making it easier to work under the hood.