Xcite Automotive Completes Acquisition of Pinnacle Automotive, Expands Service Offerings
Acquiring Company
Xcite Automotive
Acquired Company
Pinnacle Automotive
Description
Xcite Automotive, the leader in automotive technology services, has announced its strategic acquisition of Pinnacle Automotive, including its Diamond Dealer Services and Diamond Digital PRO platforms. This acquisition significantly augments Xcite's service capabilities, particularly its ReconLogic platform and reconditioning services, enhancing its position as a leader in automotive reconditioning and dealership support.
Quick answer
Xcite Automotive is acquiring Pinnacle Automotive, announced April 18, 2024. Xcite Automotive is based in Chicago, Illinois, United States.
- How much did Xcite Automotive pay for Pinnacle Automotive?
- The deal value was not disclosed.
- What does Xcite Automotive do?
- Increase dealership sales with industry-leading automotive marketing and dealer advertising.
- Where are Xcite Automotive and Pinnacle Automotive based?
- Xcite Automotive is based in Chicago, Illinois, United States. Pinnacle Automotive is based in Balochistan, Pakistan.
- Who are the decision-makers at Xcite Automotive?
- Fundz holds 1 contact at Xcite Automotive. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Pinnacle Automotive?
Pinnacle Automotive was acquired by Xcite Automotive, based in Chicago. The deal was reported on April 18, 2024. Increase dealership sales with industry-leading automotive marketing and dealer advertising. At Xcite Automotive, we partner with your dealership to deliver results. Xcite Automotive is privately held and operates in Advertising.
When did Xcite Automotive acquire Pinnacle Automotive?
Xcite Automotive's acquisition of Pinnacle Automotive was reported on April 18, 2024. Xcite Automotive, the leader in automotive technology services, has announced its strategic acquisition of Pinnacle Automotive, including its Diamond Dealer Services and Diamond Digital PRO platforms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pinnacle Automotive do?
Pinnacle Automotive, including its Diamond Dealer Services and Diamond Digital PRO platforms, significantly augments Xcite's service capabilities, particularly its ReconLogic platform and reconditioning services. It is privately held, operating in Automotive, and is based in Balochistan.
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