Schiff Counsels Snap-on in $200M Acquisition of Dealer-FX Group, Inc.

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Schiff Counsels Snap-on in $200M Acquisition of Dealer-FX Group, Inc.

News Release |

Schiff Hardin LLP represented Snap-on Incorporated in its approximately $200 million cash purchase of Dealer-FX Group, Inc., a leading developer, marketer, and provider of service operations software solutions for automotive original equipment manufacturer (OEM) customers and their dealers. Dealer-FX specializes in software as a service (SaaS) management systems, communications platforms and extensive data integrations, and offers a digitized solution that increases dealership productivity and enhances the vehicle owners’ service experience. This acquisition complements and expands on Snap-on’s existing OEM and dealership business in its Repair Systems & Information (RS&I) Group that provides electronic parts catalogs, essential tool and diagnostics programs, and custom analytics to OEMs and more than 50,000 dealerships, globally.