The e-commerce software provider has been acquired by CDK Global after approximately $24m in funding from investors including Liberty Mutual.
Retail automotive technology provider CDK Global acquired Roadster, a US-based automotive e-commerce tool provider backed by insurance firm Liberty Mutual, on Wednesday for a price indicated by a securities filing to be $360m.
Founded in 2013, Roadster has developed an online platform which enables automotive dealerships to sell vehicles through any device and also provides digital tools that support the work of sales agents. The acquisition will allow CDK to provide an end-to-end solution for selling new and used cars…
