PR88312

LONDON, March 2, 2021 /PRNewswire=KYODO JBN/ --

-- Two immediate acquisitions signal Keyloop's strong intent to change the game

in automotive retail

Keyloop, a leading global supplier of technology solutions to the automotive

industry, has today announced its acquisition of both RAPID RTC and enquiryMAX,

bringing their first-rate lead aggregation, lead response, enquiry management

and showroom applications into the Keyloop product portfolio.

Logo - https://mma.prnewswire.com/media/1444817/Keyloop_Logo.jpg

These are amongst the first actions Keyloop (formerly known as the

International division of CDK Global) is taking since being acquired yesterday

by Francisco Partners (

http://www.keyloop.com/en-gb/media-center/international-business-cdk-global-becomes-keyloop

). These acquisitions represent Keyloop's serious commitment to developing an

open platform that connects the automotive retail industry and transforms the

car buying and ownership experience for the better, in partnership with both

dealers and OEMs.

The addition of these products will enable Keyloop to enhance its Sales and

Marketing offering and develop new solutions around lead management and

attribution, by combining the data from these products with its own Dealer

Management Systems (DMS).

RAPID RTC is headquartered in Winnipeg, Canada and is a provider of Digital

Communication and Lead Management Solutions (LMS) to over 4200 dealer sites and

partners with many leading OEMs. Glen Demetrioff, Founder and CEO of RAPID RTC,

will be joining Keyloop as a member of its executive team.

RAPID RTC's LMS brings rich capabilities to automotive retailers, including the

ability to aggregate sales enquiries from over 300 channels and manage the

customer interaction in the showroom with digital communication tools such as

live chat, social media, text and video calls.

enquiryMAX is headquartered in Leeds, UK and provides a showroom management

solution to over 970 dealerships in the UK and Ireland. Some of the UK and

Ireland's largest dealer groups are amongst their clients and they are also the

chosen partner of several leading OEMs.

enquiryMAX's showroom solution plays a key role in the effective management of

customer enquiries, from capturing the sales lead at the outset of the buying

journey, to building the deal and presenting the offer and vehicle handover.

enquiryMAX is currently the largest partner from Keyloop's Partner Programme.

Tom Kilroy, CEO Keyloop, comments:

"We are delighted today to welcome RAPID RTC and enquiryMAX, two leading

automotive technology providers, to the Keyloop family. We are very excited to

include their outstanding lead management and showroom products in our customer

offering. The combination of these products, together with Keyloop's leading

DMS, will enable us to develop new solutions for our customers around lead

measurement and attribution.

"We are also very excited to be able to demonstrate our promise to move quickly

with the backing of our new owners, Francisco Partners.

"Although Keyloop has acquired RAPID RTC and enquiryMAX, we remain committed to

accelerating the development of the Keyloop Partner Programme. This will allow

our dealer and OEM customers freedom of choice for their technology needs,

whilst always benefitting from the added benefits of integration to the Keyloop

DMS."

Glen Demetrioff, CEO, RAPID RTC comments:

"This marks another milestone for RAPID RTC and it's one I am absolutely

thrilled about. Not only will it help shape the next phase of growth for RAPID

RTC's lead management and communications platform, but collectively it will

open the doors for what I believe will truly be a unique and transformational

product offering in the automotive retail landscape.

"I'm thankful and looking forward to joining Tom and the rest of the executive

team at Keyloop as we continue to scale, innovate and connect the automotive

retail industry."

Francisco Partners was advised by Paul Hastings LLP, Stikeman Elliott LLP, and

Kirkland & Ellis as legal counsel, and Alvarez & Marsal's Transaction Advisory

Group. UBS Investment Bank acted as exclusive financial advisor to RAPID RTC

and Pitblado Law as legal counsel to RAPID RTC throughout the acquisition

process. RAPID RTC was a portfolio company of Sageview Capital. RSM Corporate

Finance LLP acted as exclusive financial advisor to enquiryMAX.

Click here

(https://drive.google.com/drive/folders/1G3ZBNO8WedDk7yUfte-2c8h7GwkMRJxe ) for

access to Keyloop's virtual press room, where you will find a range of assets

to accompany this story (translated versions will be coming online throughout

the week) including current press releases, FAQs, media backgrounder and logos.

Editor's Notes

About Keyloop

Keyloop's mission is to create and connect technology that advances the car

buying and ownership experience in partnership with dealers and OEMs. It is a

leading global provider of software solutions to the auto retail industry,

serving approximately 16,000 dealer sites and most automotive manufacturers, in

over 90 countries. Headquartered in the UK, Keyloop also has operations across

EMEA and Asia. For more information, please visit www.Keyloop.com.

About RAPID RTC

RAPID RTC is a multinational digital communications company that specialises in

automotive, serving over 4,000 retail and manufacturing clients. They focus on

improving businesses' digital communications and customer engagement practices

by seamlessly connecting online shoppers with salespeople in real-time, using

their preferred channel. Their brand promise is to bring value to our clients

by placing their customer at the core of everything we do. Through the right

mix of technology and human interaction, we ensure a premium omni-channel

customer experience throughout the online purchase journey.

About enquiryMax

enquiryMAX is a provider of leading automotive retail software. It works

closely with individual dealerships, dealer groups and manufacturers utilising

its sales lead management system to help implement a structured sales process,

disciplines and display best practices. enquiryMAX's goal is to continually

develop and deliver quality automotive software solutions that will make a

difference to automotive retail businesses.

SOURCE  Keyloop