Bowmark and Five Arrows acquire Autodata
Summary
Bowmark Capital and Five Arrows Principal Investments acquired Autodata Publishing Group for a reported enterprise value of 143 million. Autodata supplies technical information and repair guidance to the automotive aftermarket and serves more than 80,000 professional workshops. The company plans to grow by enhancing its content and information systems, expanding into new territories, and adding diagnostic applications. The transaction gives Autodata new financial backing and ownership for its next stage of development.
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