J.D. Power has closed the deal on its acquisition of Autovista Group, a provider of automotive data, analytics and industry insights, opening the door for its move into Europe and Australia.

In a news release, J.D. Power said the transaction will integrate Autovista’s data sets, insights and industry expertise with J.D. Power’s predictive analytics, valuation and customer experience data sets.

“Autovista Group is home to some of Europe and Australia’s most well-known brands in automobile valuation, repair estimation and predictive analytics,” J.D. Power president and CEO Dave Habiger said. “They have been pioneering the use of data-driven insights since the early 1930s.

“Bringing the Autovista Group team into the J.D. Power family will help leverage our complementary strengths to develop even more powerful insights and forecasting solutions for our worldwide client base.”

J.D. Power announced the agreement to purchase Autovista Group from European alternative asset management firm Hayfin Capital Management in September.

Autovista Group’s six brands — Autovista, Eurotax, Glass’s, Schwacke, Rødboka and EV Volumes — standardize and categorize hundreds of technical attributes for virtually every vehicle produced in their markets, J.D. Power said, providing clients with a 360-degree view of vehicle data for use in valuations, forecasts and repair estimates.

Its analytics and analysts provide stakeholders throughout the auto industry with insights and benchmarks for vehicle values as well as ownership, repair and replacement costs.

Autovista Group’s 750 employees, including CEO Lindsey Roberts and the senior leadership team, will continue with the company, which will become the J.D. Power automotive data and analytics platform for Europe and Australia.

“We are living at an historic moment in the automobile industry, when future success will largely be determined by how well the industry adapts to massive changes in everything from new powertrains to the use of AI,” said Roberts, who is now president of J.D. Power Europe.

“I believe our mutual obsession with data-driven innovation will help our clients navigate through this period of change with confidence.”