J.D. Power and Autodata to Merge

Automotive industry research specialist J.D. Power is to merge with sister company Autodata Solutions, a provider of data and software solutions for the sector.

J.D. Power was recently acquired by Autodata Solutions' owner, private equity investment firm Thoma Bravo, and the firms say the merger marks the completion of this deal. In addition to the investment by Thoma Bravo, J.D. Power's existing management team will reinvest their ownership interest in the newly combined company; and all current Autodata Solutions and J.D. Power employees will also have the opportunity to take an ownership stake.

The newly combined business will operate under the name J.D. Power and will offer new and pre-owned automobile transactional data, tools, vehicle feature information and consumer analytics to the automotive industry. J.D. Power will also continue to provide benchmarks, analytics and customer insights across the banking and payments, wealth and lending, telecommunications, insurance, health, travel and utilities sectors through its Global Business Intelligence division.

Dave Habiger (pictured), who will continue as President and CEO of J.D. Power, comments: 'The combination of J.D. Power's deep data, analytics and customer experience insights with Autodata Solutions' vehicle feature data and dealer and manufacturer technology platforms will create an insightful automotive industry resource for analyzing consumer demand and optimizing the vehicle sales process. As the auto industry continues to be disrupted by changing patterns of consumer behavior and new technologies such as connected vehicles, electric vehicles, autonomous vehicles and ridesharing, we are building a company that will help the entire industry rise to the challenge'.

Web site: www.jdpower.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.