KeyWorth Automotive, a software provider to the automotive industry, has been acquired by the Clifford Thames Group for an undisclosed sum.
The deal brings together the Clifford Thames Athoris and dealer services products, with the KeyWorth offerings covering rental management, RFL renewal, fleet remarketing and vehicle inspection and logistics management.
Clifford Thames says work has started on bringing the platforms together to offer an integrated solution that will build on the customer focus that is the hallmark of both businesses in their development.
Steve Edwards, managing director of KeyWorth, said: “With the complementary nature of our businesses both in product offering and customer focus the match seemed to be an obvious one.
“Joining the strength and global resource of Clifford Thames with the innovative and market-leading technology from KeyWorth provides our customers with the best of all worlds.”
David Riemenschneider, Clifford Thames Group CEO, added: “When we announced our intention to bring Athoris to the UK market, the Fleet industry wanted assurance that we would support them with the inclusion of other product offerings.
“The acquisition of the KeyWorth business into our Group provides evidence that our commitment is real, and confidence for our customers that we deliver on our promise.”