Dealertrack completes CFM and VINtek acquisitions

By IVCPOST Staff Reporter

Oct 01, 2013 08:53 PM EDT

Today, Dealertrack had announced the completion of its acquisition of Customer Focused Marketing Inc. (CFM), a provider of customer relationship management and marketing services and VINtek, a provider of electronic lien and title, consumer automotive finance processing service and automotive collateral management.

CFM was established in 1997 and headquartered in Irving Texas. The company is a provider of consumer marketing and marketing services to car dealers all over the United States. The company also offers a number of services and technology tools to aid car dealers in managing every aspect of their customer relationship. This would include management of sales, services, prospects, communications and database marketing. Dealertrack's acquisition of CFM was announced last August 27, 2013.

On the other hand, VINtek was established in 1990 and based in Philadelphia. The company is a leader in delivering comprehensive electronic lien and title and collateral management services to credit unions, automotive finance company and more than 3000 banks in the United States. The acquisition for VINtek was announced last September 23, 2013.

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