DealerOn has finalized the acquisition of fusionZONE Automotive. The company said this acquisition accelerates its growth and supplements its robust platform and technology services, with fusionZONE’s offerings.
“This acquisition represents a significant step in DealerOn’s growth trajectory, and we’re excited to welcome fusionZONE Automotive’s customers and employees to the DealerOn family,” Ali Amirrezvani, CEO of DealerOn, said.
With the combined strengths of both companies, DealerOn is set to deliver enhanced value to automotive dealers, reinforcing their commitment to excellence in a competitive marketplace.
“We’re confident that fusionZONE’s clients will greatly benefit from the expanded resources and innovative technology that DealerOn is known for. It’s a win for everyone involved,” Ed Barton, fusionZONE’s CEO, stated.
TD Cowen served as the exclusive financial advisor to fusionZONE.