3M’s strategic investment is expected to help the scanning and calibration firm expand in Americas and Europe.
Repairify, Inc., known for its asTech device and remote scanning, programming, and calibration services, has announced a strategic investment from 3M. The investment from 3M will help Repairify further expand and accelerate its proprietary tools, technology and service offerings across the Americas and Europe. Terms and conditions of the investment were kept confidential and future collaboration will be announced in a separate press release at a later date.
“The 3M strategic investment in Repairify enables us to accelerate our solutions and offerings across the entire automotive ecosystem,” stated Cris Hollingsworth, President of Repairify, Inc. regarding the investment.
“We seek to make strategic investments that will advance our innovation and growth,” said Ben Wright, Director, 3M Ventures. “We are moving rapidly to an even more digital-first world, and we see those shifts in the automotive aftermarket. This investment signifies our continued commitment to advance the digitisation of 3M as well as of the customers we serve.”
Repairify currently provides global service solutions to the automotive industry in over 20 countries across the Americas and Europe through its portfolio of industry leading brands: asTech, Bluedriver, FleetGenix and Repairify Solutions.
This article courtesy of Russell Thrall III, publisher CollisionWeek. Check out their website at: www.collisionweek.com.