KPA, a provider of Environmental Health, and Safety and Sales, Finance, and Insurance solutions, acquired ComplyNet, a dealer compliance software company. ComplyNet provides end-to-end compliance software, encompassing Privacy and Safeguards, EHS, and Sales F&I and Advertising, designed for dealers in automotive, RV, power sports, marine, and other adjacent automotive segments.
"As two very well-established, leading organizations with more than 65 combined years of serving the automotive compliance market, KPA and ComplyNet share a vision to provide dealers with compliance software solutions that will reduce workplace injury, avoid compliance violations, and reduce business risk in all areas of the dealership," said Chris Fanning, President and CEO of KPA. "As KPA works to expand our capabilities and expertise, we're excited to join forces with ComplyNet and provide dealers with a powerful, combined set of solutions that will help our mutual customers stay ahead of the compliance curve and provide dealers with a best-in-class, comprehensive, all-in-one solution."
"As KPA works to expand our capabilities and expertise, we're excited to join forces with ComplyNet and provide dealers with a powerful, combined set of solutions..." said Chris Fanning, President and CEO of KPA.
TD Cowen served as the exclusive financial advisor to KPA in this transaction. Presidio Technology Partners acted as financial advisor to ComplyNet in the transaction.
