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Auto Rescue Solutions Announces Acquisition Of Road Service 1

Apr 19, 2023•over 2 years ago

Acquiring Company

Auto Rescue Solutions

Acquired Company

Road Service 1

Description

Auto Rescue Solutions (“ARS” or “the Company”), a leading dispatcher of roadside services for motor clubs and insurance companies, today announced its acquisition of Road Service 1, an emergency roadside services company operating out of Florida. Former Road Service 1 president and industry veteran, Chris Scrivano, will continue with the business in a consulting capacity, providing market guidance and support.

Company Information

Company

Auto Rescue Solutions

About

Auto Rescue Solutions, headquartered in Carrollton, TX, is a dispatcher of roadside assistance providers who provide support to motorists on behalf of Auto Rescue’s motor club partners. With resources spanning metropolitan regions across the country, Auto Rescue provides end customers of motor clubs, insurers, OEs, and fleets with light-duty emergency services including jump starts, tire changes, lock outs, and refueling. For more media information, contact:Lisa Hendrickson, LCH Communications 516-643-1642lisa@lchcommunications.com

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