Vehlo expands its aftermarket services suite with a robust product offering that covers the entire ecosystem from single-site to multi-site operators.
KNOXVILLE, Tenn., March 13, 2024 /PRNewswire/ — Vehloa prominent leader in software and financial solutions for the auto repair industry, proudly unveils its latest strategic move – an acquisition Shop-Warea cloud-based shop management platform that supplies independent repair shops within the automotive aftermarket.
Shop-Ware
Shop-Ware stands out for its distinctive methodology in addressing industry demands through state-of-the-art automation and cloud-based solutions including premium offerings such as DVX™, a comprehensive user interface for communication that seamlessly supports digital media, live chat, online approvals, and payments. Additionally, Shop-Ware’s Parts GP Optimizer uses advanced machine learning techniques to optimize sales of individual parts, driving them effortlessly toward the gross profit targets set by auto shops. By showcasing store expertise with digital know-how, Shop-Ware enables service professionals to better communicate and sell their value. This functionality makes it the perfect addition to Vehlo’s comprehensive product suite.
“We are impressed with Shop-Ware’s innovative solutions and commitment to providing superior tools for the aftermarket community, including multi-store operations,” said Vehl CEO. Michelle Fischer. “Shop-Ware is a great addition to Vehlo’s suite of shop management solutions and aligns with our mission to be the preferred technology partner in the auto repair industry, delivering a compelling return on investment with features that shop customers, shop owners and technicians love. We look forward to partnering with Shop-Ware team to support their great customer base and continue to innovate and improve the features our customers need to grow their business.”
Director of Shop-Ware Carolyn Coquillette she founded Shop-Ware in 2013 from her own service workshop in San Francisco provide the transparency and sophistication that customers needed and other systems lacked. Coquillette, who will continue to lead Shop-Ware as part of Vehlo’s aftermarket leadership teams, added: “From brand value to technical leadership, I am very proud of Shop-Ware and everything we have achieved to achieve this incredible milestone. This alliance allows us to leverage the sought-after partnership synergies that underlie this industry to drive the long-awaited digital transformation. Through this acquisition, Vehlo will increase its influence and market share, and we are thrilled to be working together on a portfolio of great companies and people to further accelerate our cumulative growth.”
Houlihan Lokey served as the exclusive financial advisor to Shop-Ware.
About Vehl
Velho is driven by people who understand the automotive industry and know what dealers and independent repair shops need to unlock their potential. With over 30,000 customers and more than 50 million repair orders processed annually, Vehl’s technology puts power back to the people on the front lines so they can run operations from the inside out. The sole purpose of Vehl is the success of its customers and to make their work easier. To learn more, please visit Vehlo.com.
About Shop-Ware
Founded in 2013, Shop-Ware provides professional-grade innovation to independent service providers in the automotive industry. Shop-Ware is committed to developing sophisticated tools that help advance and grow the automotive aftermarket. Industry-first features include fully digital, cloud-based repair orders with native vehicle previews, rich media and live customer chat; real-time store workflow and “expeditor” shipping; source parts allocation and tracking for each job in progress; parts gross profit “optimizer” that automatically searches for and achieves the parts GP target; advanced analytics in unlimited repair options and more. For more information about Shop-Ware visit shop-ware.com.
Media contact:
Shannon Vann
[email protected]
SOURCE Vehlo
