RumbleON has announced it has closed on the previously announced acquisition of the assets of NextGen Dealer Solutions, LLC and a technology services agreement with Halcyon Consulting, LLC.
NextGen’s proprietary technology platform will underpin the operations of RumbleON and accelerate the implementation of its business plan. In addition, the technology services agreement with Halcyon Consulting will provide RumbleON with the ability to integrate NextGen’s technology into the RumbleON platform and lead future enhancements. Kartik Kakarala will join the Board of Directors of RumbleON and serve as its Chief Technology Advisor.
“The acquisition of NextGen Dealer Solutions and the associated services agreement with Halcyon is a significant milestone for RumbleON as the software acquired will significantly accelerate the RumbleON business plan and will provide us the opportunity to quickly roll out our online platform,” said Marshall Chesrown, Chairman and CEO of RumbleON. “I have had personal experience with many of the previous game-changing technologies designed and built by Halcyon including applications for vehicle appraisal, inventory management and credit reporting. We are confident that utilizing this software will allow RumbleON the same opportunity in the powersports sector as we move forward. I am also pleased to welcome Kartik to the Board of Directors and as our Chief Technology Advisor, and I am confident that he will add significant value and insight to RumbleON in both roles.”
For more information, visit www.rumbleon.com.