Motility Software Solutions acquired Lot Metrix, a location-based inventory management platform.
The companies said the acquisition will bring additional resources and tools to existing Lot Metrix customers while enhancing Motility’s dealer management solutions.
“We are thrilled to announce this acquisition and bring Lot Metrix dealers into the Motility family,” Motility CEO Brad Rogers said. “Whether a dealer uses our DMS or a competitor, we are committed to our five-star approach to customer success. We will continue making investments in valuable tools for the Lot Metrix customers.”
Lot Metrix users and partners are invited to attend a virtual roundtable July 29 and learn more about the companies’ combined capabilities. Details are available at motilitysoftware.com/lotmetrix.
“Joining forces with Motility offers a truly exciting opportunity for our customers,” Lot Metrix CEO Matt Powell said. “Motility’s reputation for customer success and support provides the ability to exceed our customers’ expectations and accelerate the development of the platform.”
Motility’s dealer management solutions now will provide the ability to locate and manage inventory at the press of a button, the company said.
“Lot Metrix strategically complements our DMS solutions and will power Motility customers who need a tool to locate and move inventory in a snap,” Rogers said. “The integrated barcode scanner will be a life-saver for our customers who need to tag inventory and have quick and convenient vehicle history.”