AIFinancial Times1h ago

UK-based automotive dealership software maker Pinewood agrees

UK-based automotive dealership software maker Pinewood agrees to a £545M cash takeover by US private equity firm Ridgeview, after an Apax takeover fell through

Deal for former Pendragon software division follows rival buyout group Apax's withdrawal of offer on concerns over AI impact

Read full article

Source: Financial Times · Opens in new tab