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RealTruck, Inc. acquires Protex to enhance 3D product configuration and AR platform

Jul 25, 202412 months ago

Acquiring Company

RealTruck

Acquired Company

Protex

Ann ArborDenverE CommerceAutomotiveFashionSoftware

Description

RealTruck, Inc., the premier manufacturer and digital destination of accessories for truck, Jeep®, Bronco® and off-road enthusiasts, has acquired Protex, the automotive aftermarket industry's most innovative web-based 3D product configuration and augmented reality ('AR') platform. By combining Protex's 3D/AR technology with RealTruck's leading product portfolio and best-in-class website, consumers will be able to see their fully outfitted vehicle in both 3D and AR, thus making it easier for them to understand all the ways they can customize their truck to match their lifestyle. This strategic acquisition reinforces RealTruck's ongoing commitment to build and foster a growing community of truck owners and enthusiasts.

Company Information

Company

RealTruck

Location

Ann Arbor, Michigan, United States

About

RealTruck is the world's premier manufacturer and digital destination of accessories for truck, Jeep®, Bronco® and off-road enthusiasts around the world. Globally headquartered in Ann Arbor, Michigan, RealTruck's 5,000+ associates operate from 72 facilities across four continents. RealTruck's industry leading product portfolio, which includes the Husky Liners total vehicle protection brand, boasts over 880 patents and pending applications. The company's omnichannel retail approach delivers a seamless consumer experience online at RealTruck.com, as well as through its 12,000+ dealer network and automotive (OEM) partnerships.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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