US-based real-time automotive marketplace TrueCar completed its acquisition of US-based automotive data consultancy ALG on Tuesday, paying an undisclosed amount to ALG’s former parent company, the automotive retail-based software company DealerTrack Holdings.
TrueCar last month raised $200m in debt and equity financing, DealerTrack was among the equity investors, though it did not disclose how much DealerTrack had invested.
ALG works as a data and consultancy service to the automotive industry and publishes the Automotive Lease Guide, projecting the…
