J.D. Power to Merge with Autodata Solutions, Creating a Leading Source of Automotive Data, Analytics and Software Solutions

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TROY, Mich.–(BUSINESS WIRE)–J.D. Energy, a world chief in knowledge analytics and shopper intelligence, in the present day introduced a merger with Autodata Options, a supplier of knowledge and software program options for the automotive ecosystem. The merger marks the completion of J.D. Energy’s acquisition by Thoma Bravo, a number one non-public fairness agency, and proprietor of Autodata Options. The newly mixed firm will function beneath the identify J.D. Energy and can supply market-leading new and pre-owned car transactional knowledge, valuation instruments, car characteristic info and shopper analytics to the automotive {industry}. J.D. Energy can even proceed to supply industry-leading benchmarks, analytics and buyer insights throughout the Banking & Funds, Wealth & Lending, Telecommunications, Insurance coverage, Well being, Journey and Utilities sectors via its World Enterprise Intelligence division.

The mix of J.D. Energy’s deep knowledge, analytics and buyer expertise insights with Autodata Options’ complete car characteristic knowledge and seller and producer expertise platforms will create a strong and insightful automotive {industry} useful resource for analyzing shopper demand and optimizing the car gross sales course of,” mentioned Dave Habiger, who will proceed as President and CEO of J.D. Energy. “Because the auto {industry} continues to be disrupted by altering patterns of shopper habits and new applied sciences resembling linked automobiles, electrical automobiles, autonomous automobiles and ridesharing, we’re constructing an organization that may assist your complete {industry} rise to the problem.”

J.D. Energy has been delivering incisive {industry} intelligence on buyer interactions with manufacturers and merchandise for greater than 50 years. The world’s main companies throughout greater than a dozen completely different industries depend on J.D. Energy knowledge, analysis and insights to information their customer-facing methods, whereas shoppers around the globe look to J.D. Energy scores because the undisputed mark of high quality.

Within the automotive sector, J.D. Energy is acknowledged for its Voice-of-the-Buyer analysis and its Energy Data Community (PIN) and Used Automotive Information (UCG) merchandise, which offer the {industry} with new and used automotive transaction info. The corporate has additionally pioneered the usage of synthetic intelligence (AI) capabilities to merge its huge database of shopper behavioral knowledge, pricing info and “Voice of the Car” telematics-based knowledge into highly effective predictive fashions.

Autodata Options supplies Software program as a Service (SaaS) and software program options that vary from back-end automation techniques that allow dealer-to-original tools producer (OEM) car ordering to data-driven, consumer-focused interactive advertising initiatives. Its Chrome-branded options enhance the effectiveness of the automotive gross sales ecosystem and embrace rebates and incentives, Car Identification Quantity (VIN) decode and describe, and car configuration and comparisons.

Collectively, the 2 firms create a complementary set of capabilities that may strengthen the worldwide car {industry}’s potential to forecast car demand and form strategic determination making.

The becoming a member of of those two main firms will allow the auto {industry} to make the method of configuring, ordering and promoting automobiles extra environment friendly, which might enhance profitability and capital deployment,” mentioned Scott Crabill, a Managing Associate at Thoma Bravo. “This functionality is strictly the sort of confirmed, concrete perception the auto {industry} wants because it confronts altering shopper calls for in a reworking expertise surroundings.”

The brand new J.D. Energy delivers the authoritative floor reality and predictive intelligence the automotive {industry} so desperately wants proper now to remain in sync with altering patterns of shopper habits, rapid-fire technological change and a difficult macroeconomic surroundings,” mentioned Craig Jennings, former President and CEO of Autodata Options, who will proceed as President of the Autodata division within the newly mixed J.D. Energy. “By pairing our platform with J.D. Energy’s deep knowledge and analytics capabilities, we’re going to have the ability to take the guesswork out of the manufacturing and flooring planning course of, serving to producers and sellers drive most impression and profitability by getting the brand new car system good. We’re excited to be becoming a member of the J.D. Energy group to make that imaginative and prescient a actuality.”

Along with the funding by Thoma Bravo, J.D. Energy’s present administration group will reinvest their possession curiosity within the newly mixed firm. All the present Autodata Options and J.D. Energy staff may have the chance to take an possession stake within the firm.

The headquarters for the mixed firm might be in Troy, Mich.

About Thoma Bravo, LLC

Thoma Bravo is a number one non-public fairness agency centered on the software program and technology-enabled providers sectors. With a collection of funds representing greater than $35 billion in capital commitments, Thoma Bravo companions with a Firm’s administration group to implement working greatest practices, put money into progress initiatives and make accretive acquisitions supposed to speed up income and earnings, with the objective of accelerating the worth of the enterprise. Consultant previous and current portfolio firms embrace {industry} leaders resembling ABC Monetary, Blue Coast Techniques, Deltek, Digital Perception, Frontline Schooling, World Healthcare Trade, Hyland Software program, Imprivata, iPipeline, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, Sparta Techniques, TravelClick and Veracode. The agency has places of work in San Francisco and Chicago.

About J.D. Energy

J.D. Energy is a world chief in shopper insights, advisory providers and knowledge and analytics. These capabilities allow J.D. Energy to assist its shoppers drive buyer satisfaction, progress and profitability. Established in 1968, J.D. Energy is headquartered in Troy, Mich.

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