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myKaarma Raises $15 Million to Further Advance Product Development

LONG BEACH, Calif. — Communications and payments software provider myKaarmaannounced it has received a $15 million investment led by Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors LP. The alternative investment firm currently manages $26 billion in assets. According to myKaarma officials, the investment will be used to accelerate product development and … Read More »

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Shift Using Manheim Facilities and Services to Support Digital Business

ATLANTA — Cox Automotive and Shift Technologies have announced they are launching a national strategic partnership, enabling the online vehicle retailer to utilize Manheim facilities and services to support its digital business. According to officials, the relationship will help Shift expand operations with reduced capital investment and drive efficient launches in markets where Manheim has … Read More »

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Auto/Mate Promotes Dave Druzynski to Chief People Officer

ALBANY, N.Y. — Auto/Mate Dealership Systems has promoted Dave Druzynski to chief people officer (CPO). He previously served as director of human resources and is a regular contributor to F&I and Showroom magazine. “As the CPO, Dave is responsible not only for Auto/Mate people, but also its culture,” said Auto/Mate President and CEO Mike Esposito. “In other words, its values, ethics, … Read More »

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Dent Wizard Promotes Mike Black to CEO

ST. LOUIS — Auto reconditioning services and F&I product provider Dent Wizard International announced the promotion of Mike Black to CEO, effective April 1. He most recently served as president and COO. Black will lead the company and continue driving profitable growth while overseeing all areas of the business. He succeeds Terry Koebbe, who was … Read More »

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SouthwestRe, Reahard Partner to Offer F&I and Compliance Training

ALBUQUERQUE, N.M. — Southwest Reinsure Inc. (div. iA Financial Group), better known as SouthwestRe, announced it has signed an agreement with Reahard & Associates to offer F&I training and compliance certification for its agent partners and F&I manager clients. Reahard & Associates’ “Achieving F&I Excellence!” management certification program is designed to provide F&I managers with … Read More »

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AUL Corp. Awarded System and Organization Controls (SOC) 2 Type II for Second Year in a Row

NAPA, Calif. – For the second year in a row, AUL Corp. (AUL), the nation’s leading vehicle service contracts (VSC) administrator, has completed all of the requirements for a Systems and Organizations Control (SOC) 2 Type II Audit for calendar year 2018, announced Jimmy Atkinson, AUL’s president and CEO. This extensive report provides independent validation that AUL’s internal controls are in accordance with … Read More »

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