Since being backed by Bowmark Capital in May 2014, Autodata has accelerated its growth plans in Europe, expanding its local sales force across both France and Germany, where it has built many strong relationships and has extensive industry support.
Acquiring SFTA is the latest step in this strategy and will provide a greater footprint across Europe, further improving connection with its customer base, and increasing feedback into the company’s product to help drive development. Further acquisitions are planned over the coming months, as Autodata reinforces its dominant position and fulfils its ambitions in the European market.
Rod Williams, chief executive of Autodata, said: “We have worked closely and very successfully with SFTA for many years to establish Autodata as the go-to solution for workshops across France. Bringing the company into the Autodata group will enable us to combine our efforts in growing our customer base, both in France and in the wider European market.”
Associated investment
Autodata Publishing Group
Autodata enhanced its content and technology platform and expanded its presence in Europe and Australia, both organically and through acquisition
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