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DealerSocket enters into strategic partnership with Vista Equity Partners

DealerSocket has entered into a strategic investment partnership with private equity firm Vista Equity Partners.

DealerSocket has grown from a start-up software company in a garage 13 years ago to a 450 employee CRM platform for the retail and independent automotive industries. 
 
DealerSocket partnered with Vista to accelerate growth and to continue to invest in product, service and operational scale.
 
DealerSocket's current management team will remain in place and continue to hold a significant ownership stake in the company.
 
Vista's founder and managing principal Robert F Smith says: "We are tremendously excited about partnering with DealerSocket. We are convinced that DealerSocket is a wonderful platform company in a space that is in need of thoughtful innovation and attention to customer satisfaction.  The company is led by a passionate management team that loves automotive and loves their customers and desires to continue the legacy of DealerSocket."

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