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Epicor Expands Its Software Portfolio by Aquiring MechanicNet

Posted on June 5, 2019

Epicor Software Corp. acquired MechanicNet Group Inc. on June 3, 2019. Financial terms of the agreement were not disclosed.

Epicor is a global provider of industry-specific enterprise software designed to promote business growth. MechanicNet is a leading provider of customer relationship management (CRM) and retention solutions for motor vehicle service businesses and their clients.

"Service providers represent the auto care industry’s ultimate connection with millions of consumers and businesses that rely on our products and services, and it is absolutely vital that we help these businesses continue to grow," says Scott Thompson, senior vice president of automotive and business services for Epicor. "MechanicNet is already playing an impressive role in supporting the growth of thousands of businesses across the U.S. and Canada. We are confident that with our ability to innovate and invest, we can make MechanicNet solutions even more valuable and compelling for service providers and their customers."

Epicor says its solutions are used each day in more than 100,000 automotive business locations across the U.S., Canada and Mexico. The company’s PartExpert database of replacement parts, tires, labor and other information is embedded in many of the industry’s most popular shop management platforms. The company also:

* offers a web-based estimating solution, Integrated Service Estimator, that helps vehicle service locations more quickly estimate and source parts and related supplies for most maintenance services and mechanical repairs.

* has one of the industry leading aftermarket B2B eCommerce channels, Epicor Parts Network, which connects thousands of parts sellers with more than 180,000 registered service location buyers.

"Together, Epicor and MechanicNet will provide a more complete end-to-end automotive aftermarket offering that helps customers manage their back office, shop operations and customer engagemen," says Thompson.

Related Topics: acquisitions, Epicor Integrated Service Estimator, Epicor PartExpert, Epicor Parts Network, Scott Thompson, software/shop management

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