BOLT ON Acquired by Performant Capital

Oct. 25, 2021

The private equity firm also owns MyShopManager and Unotifi, giving BOLT ON customers access to those platforms. 

Oct. 26, 2021—BOLT ON TECHNOLOGY has been acquired by Performant Capital, a private equity firm that also owns MyShopManager and Unotifi. 

While each business will continue to market under their respective brands BOLT ON will integrate with those two companies and its founder and CEO Michael Risich will serve as CEO for the combined businesses, according to a press release. 

Performant’s existing platform investment in MyShopManager and Unotifi created a SaaS marketing automation solution serving both the franchise and independent auto service center channels. MyShopManager is a marketing automation platform primarily for independent automobile repair shops seeking to increase customer acquisition and retention. Unotifi provides a cloud-based customer relationship management (CRM) platform designed to increase marketing performance primarily for franchise dealer service departments but also for automotive service centers.

“With the addition of Bolt On, we now serve more than 7,500 customers across the franchise dealership and independent auto service center channels. With this scale and breadth of products, we are uniquely positioned to drive business outcomes for our customers,” Mike Ciaglia, partner at Performant Capital, said in a statement. 

About the Author

Ratchet+Wrench Staff Reporters

The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.

Sponsored Recommendations

Find the right shop management system to boost your efficiency

Find the right shop management system to aid in efficient scheduling, communication and payment processing

Craft a strategic marketing plan

Develop strategies and communicate them to your staff to keep you on track

Establish and track your KPIs: Technician Productivity

WHAT IT IS: Technician productivity refers to the time a technician is available to work measured against the actual time spent working on positive cash flow repair orders. Tracking...

Empower your technicians with the right tools for efficient repairs

Foster a highly motivated and efficient team to get vehicles out the door faster