Proud Partners: OEConnection acquires VeriFacts Automotive

Cleveland, Ohio ⁠— OEConnection (OEC) has acquired VeriFacts Automotive, Repairer Driven News reported Friday. OEC Collision Vice President and General Manager Bill Lopez confirmed the acquisition in an email to Repairer Driven News, stating his company “saw an opportunity to join forces and create a flexible and dynamic solution for the Certified Repair Network space […]

Mitchell launches AI-enabled estimate review; signs integration agreement with OEConnection

Mitchell AI

By Allison Preston San Diego, California — October 17, 2017 — Mitchell has announced the launch of Mitchell WorkCenter Assisted Review, which the company says is the first integrated workflow solution to leverage artificial intelligence (AI) for the estimate review process. By using visual computing to analyze photos, the solution uses machine-learning technology to help […]

Tuesday Ticker: Disruption continues to impact retail auto parts stores

Tuesday ticker logo

By Jeff Sanford Toronto, Ontario — July 17, 2017 — This week’s Tuesday Ticker looks into the continuing nosedive at retail auto parts stores, the car sales boom in Saskatchewan, what associations have to say about possible NAFTA renegotiations and much, much more! Uni-Select Research analysts at National Bank Financial have reduced their estimates for […]

OEConnection Holdings to purchase Clifford Thames Group

Geo Money, Director of Branding and Culture for OEC, says “Clifford Thames is the perfect match for OEC.”

By Josh White Richfield, Ohio — June 13, 2017 — OEConnection Holdings has announced it will add another company to its portfolio, Clifford Thames Group (CT), a data management company.  CT provides data needed for vehicle maintenance and repair for manufacturers, repairers, and leasing companies. According to OEC Branding and Culture Director Geo Money, the data […]

Providence Equity takes majority stake in OEConnection

Providence Equity has struck a deal to acquire a 50 percent stake in OEConnection.

By Jeff Sanford Cleveland, Ohio — June 6, 2016 — OEConnection has announced a deal that sees Providence Equity Partners acquiring a majority equity stake in the company. According to terms of the deal, Providence Equity will take a 50 percent stake in OEConnection; two of the founding investors, Ford and GM, will reduce their […]