National Auto Care completes third F&I agency acquisition since July
This year’s turmoil certainly isn’t slowing acquisition activity by National Auto Care.
This week, NAC announced its third acquisition since July, finalizing a deal to secure Assurance Marketing, Inc., an independent automotive F&I agency based in Oklahoma that has provided products, services and training to dealers for 30 years.
The moves arrived after NAC added Excel Auto Partners out of North Carolina in August and Chicago-based Diversified Management Group in July.
NAC chief executive officer Tony Wanderon said AMI further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents.
AMI principal Cory Baze will continue to manage the day-to-day operations of AMI’s Oklahoma City office, further solidifying NAC’s presence there and bringing decades-long relationships with dealerships nationwide that will enrich services offered by NAC.
“We have long considered Cory and his team a part of the extended NAC family, and I am excited to officially have them join us,” Wanderon said. “Our companies share the same values, and we both pride ourselves on an unwavering commitment to our clients. NAC and AMI are a natural fit.”
AMI offers a full suite of F&I protection products to its dealer customers as well as sales training, innovative technology and professional administration. The experienced team at AMI is also the most recent recipient of NAC’s Agent of the Year award, taking home the prize in 2019.
“Cory Baze and the team at AMI have been such an integral part of National Auto Care’s business from the very beginning,” National Auto Care senior vice president Courtney Wanderon said. “They have consistently been one of our top-performing agencies, and I know that this acquisition will enable both of our businesses to reach new heights in the coming years.”
Baze also commented on what the acquisition means for the firm and its clients.
“I have trusted the people at NAC to take care of our dealer clients and their customers for more than 25 years. They have always been an outstanding industry partner, and our team looks forward to the success we will enjoy as part of the NAC Family,” Baze said.