Vehlo Acquires Dealer Pay to Boost Dealership Solutions

Vehlo, an industry leader in integrated software and financial solutions for the automotive repair industry, has acquired Dealer Pay as part of a strategic move to expand its dealership service lane ecosystem. Dealer Pay is renowned for its innovative dealership-specific payment solutions, which include secure credit card processing, compliant surcharging, DMS integrations, customer communication tools, and loyalty programs. This acquisition will allow Vehlo to offer a robust platform that optimizes operations, enhances embedded payment workflows, and elevates customer experiences while boosting dealer profit margins. Vehlo's CEO, Josh Weis, asserts the alignment of Dealer Pay's modern payment features with their mission of simplifying the customer experience and fostering loyalty. Julie Douglas, founder of Dealer Pay, believes this partnership will offer unparalleled value for dealerships and their customers thanks to combined expertise and resources. Presidio Technology Partners acted as the exclusive financial advisor to Dealer Pay in this transaction, further highlighting the strategic nature of the deal. Vehlo, supported by Greater Sum Ventures, processes $10B+ in annual payments across over 30,000 automotive businesses, and this acquisition represents a significant enhancement to their portfolio of dealership solutions.