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SEARCHDealerTrack has acquired, in separate dealings, almost all the assets of Automotive Lease Guide, LLC (ALG) and North American Advanced Technology, Inc. (NAT).
DealerTrack has acquired, in separate dealings, almost all the assets of Automotive Lease Guide, LLC (ALG) and North American Advanced Technology, Inc. (NAT).
Santa Barbara, Calif.-based ALG provides residual vehicle values to the automotive industry. The company's guidebooks, data products, and consulting services allow market entities such as dealers, manufacturers and lenders to estimate the approximate market value of a vehicle after its lease has ended.
NAT, based in Rosemont, Ill., is a technology solutions provider for the aftermarket segment, including automotive insurance companies and dealers. Its software helps companies streamline and automate numerous processes involved in adminstering aftermarket products, including extended service contracts, GAP coverage and credit life insurance.
John Blair will continue as CEO of ALG and Mark Nevelgoort will continue as president of NAT.
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