Repairify, Inc., the parent of AsTech, announced it has acquired Mobile Tech RX, an automotive and collision repair reconditioning application with over 4,000 companies and approximately 6,000 active users. The application enables technicians to estimate, invoice, manage teams and collision repair workflow, process repair orders and capture data on-the-go through their mobile devices.
Mobile Tech RX also provides instant damage pricing estimates using machine learning enabled AI and computer vision with dispatch functionality to their technicians across the country in their own marketplace. The acquisition represents the 12th add-on for asTech and the 112th automotive-related transaction for its private equity parent, Kinderhook Industries.
“Mobile Tech RX is a strategic acquisition that allows asTech to expand both its product offering and customer base. The Company provides asTech with access to an established network of repair technicians across 4,000 businesses and 6,000 technicians, instantly increasing asTech’s scale and capabilities,” said Paul Cifelli, Managing Director of Kinderhook Industries.
Cris Hollingsworth, President of Repairify. Added: “Repairify is thrilled to welcome Eric Garves from Mobile Tech RX, who will be joining the Repairify team as the CEO of Mobile Tech RX. The Company has demonstrated an ability to match demand while providing end customers access to a flexed labour with over 1.7 million vehicles repaired through its solution in the past year. We look forward to continued success as we further augment the application to include solutions across asTech’s platform of service offerings.”
According to Eric Garves, CEO and Co-Founder of Mobile Tech RX. “The merger between Mobile Tech RX and Repairify will result in an application that better serves all end customers and technicians who currently utilise the solution. Technicians will be capable of diversifying and expanding their revenue streams while end customers will benefit from access to a broader set of vehicle repairs.”
This article courtesy of Russell Thrall III, publisher CollisionWeek. Check out their website at: www.collisionweek.com.