JD Power completes Autovista Group deal

US – Data analytics firm JD Power has completed its acquisition of pan-European and Australian automotive data analytics and insight provider Autovista Group for an undisclosed amount.

Car

As part of the acquisition, Autovista Group’s senior leadership and its 750 employees will continue with the company, which will become JD Power’s automotive data and analytics platform for Europe and Australia. 

The acquisition was first announced in September 2023 and will combine Autovista Group’s datasets, insights and industry expertise with JD Power’s predictive analytics and valuation and customer experience datasets.

Autovista Group is made up of six brands – Autovista, Eurotax, Glass’s, Schwacke, Rødboka and EV Volumes – and was previously owned by Hayfin Capital Management, a European alternative asset management firm.

Dave Habiger, president and chief executive at JD Power, said: “Autovista Group is home to some of Europe and Australia’s most well-known brands in automobile valuation, repair estimation and predictive analytics, and they have been pioneering the use of data-driven insights since the early 1930s.

“Bringing the Autovista Group team into the JD Power family will help leverage our complementary strengths to develop even more powerful insights and forecasting solutions for our worldwide client base.” 

Lindsey Roberts, formerly chief executive at Autovista Group and now president at JD Power Europe, added: “We are living at an historic moment in the automobile industry when future success will largely be determined by how well the industry adapts to massive changes in everything from new powertrains to the use of AI.

“I believe our mutual obsession with data-driven innovation will help our clients navigate through this period of change with confidence.” 

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