Dealership software program supplier Vehlo has added Speedy Recon and Velocity Automotive to its portfolio.

Speedy Recon offers used-car reconditioning software program that helps sellers streamline the method of getting secondhand automobiles from public sale to a dealership lot’s entrance line, and ensures all of the departments that contact the car observe a course of and talk with one another. Dennis McGuinn, a former Hewlett-Packard government, based Speedy Recon in 2010. Greater than 2,000 sellers use its software program.

Velocity Automotive’s software program helps sellers present data to used-car consumers, akin to window stickers that present with what choices the automobile was delivered. That data additionally helps sellers decide their bids at auctions. Velocity additionally has a collection of used-car reconditioning software program aimed toward streamlining gross sales and repair processes. The corporate was based 5 years in the past by Hugh Hathcock.

“The addition of Speedy Recon and Velocity to our portfolio permits us to attach the service division to its greatest buyer: the pre-owned division,” Vehlo CEO Michelle Fischer mentioned in an announcement. “Speedy Recon provides the reconditioning resolution that invented the software program class, whereas Velocity Automotive provides us a digital merchandising resolution that connects these reconditioning investments to the gross sales course of.”

Each McGuinn and Hathcock will stick with their corporations. McGuinn will proceed to guide Speedy Recon’s day-to-day operations. Hathcock will transition to an advisory position with the mixed corporations and work with Vehlo’s divisional management crew. Velcocity CEO David Penney will proceed to handle the corporate’s each day operations.

Vehlo spokesman Gregory Arroyo mentioned the offers have closed however wouldn’t disclose the phrases. All of Vehlo’s divisions will likely be at this week’s NADA convention in Dallas, he mentioned. Vehlo is predicated in Knoxville, Tenn.