Dealership marketing company AutoWeb completes sale to One Planet Group
Non-public fairness organization A person Earth Team has finished its acquisition of dealership advertising business AutoWeb Inc. , which no for a longer time will be publicly traded. Walnut Creek, Calif.-dependent A person Earth Team mentioned Wednesday that AutoWeb — a service provider of shopper sales opportunities to vehicle dealerships — will work as a standalone small business inside A person Planet’s portfolio. “I am so energized to welcome AutoWeb into the A person Earth Team spouse and children,” CEO Payam Zamani mentioned in a assertion. “AutoWeb has an amazing legacy in the automotive room, and I believe that that its manufacturer, belongings and abilities present a basis that will allow for us to establish it again into a small business that will guide the subsequent evolution of the field.” In July, AutoWeb, of Tampa, Fla., disclosed the acquisition plans soon after previously stating its board would discover strategic possibilities for the busines