February 22, 2022
New York, NY – Repairify, Inc. (“Repairify”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced today the acquisition of AutoMobile Technologies (“AMT” or the “Company”). AMT is a leading provider of enterprise-grade used vehicle reconditioning software. AMT’s technology helps automotive reconditioning providers replace paperwork, enforce processes, and gain instant visibility into business operations regardless of team size and geographic distribution. The Company represents the fourteenth add-on acquisition for Repairify and Kinderhook’s 157th automotive-related transaction. Financial terms of the transaction were not disclosed.
Founded in 2006 by Paul Maximov, AMT delivers work order management software to roughly 8,000 technicians. With the combined capabilities of AMT and Mobile Tech RX, the Repairify family is now poised to become a comprehensive provider of solutions, expertise, and capabilities for auto reconditioners and paintless dent repair (PDR) customers of all sizes, from small independents to large, multi-location enterprises.
“We are very excited to welcome the entire AMT team to Repairify as they join in our mission to simplify the repair and reconditioning of today’s complex modern automobile using technology and an amazing, growing network of certified technicians,” said Tony Rimas, President of Repairify. “The AMT team brings a wealth of expertise, technology know-how and client relationships that will benefit our team greatly. As our vision comes together, we believe the result will be access to more services, more technicians, allowing our customers to drive costs down and efficiency up.”
“Repairify is thrilled to welcome the AMT team. AMT brings an array of customers across the automotive ecosystem that work with over 40,000 vehicles per day. With its team of certified technicians, AMT will nearly double – to nearly 16,000 – the number of automotive technical experts now under the Repairify banner,” said Paul Cifelli, Managing Director of Kinderhook.
“We are excited and impressed with the Repairify team and feel a kinship with the leadership and their entrepreneurial spirit,” said Paul Maximov, President of AMT. “We look forward to combining our resources in a way that creates a marketplace leader, bridging the gaps in today’s fragmented auto reconditioning industry.”
Fredrikson & Byron, P.A. served as legal counsel to Repairify.
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