Web-Est, Crash-WriteR Announce Closing of Acquisition Agreement
Nov. 6, 2014—Web-Est LLC and Crash-WriteR Inc. announced today that the two companies recently closed an asset acquisition agreement.
The agreement creates a “First-in-the-Space” national leader for the small to mid-size independent collision repair shop market. The combining of operational teams and resources is expected to create expanded, programmatic features that will translate into additional value for their customers.
The combined companies will be operated under the newly created brand Web-Est Global.
Once the transition is completed, Web-Est Global will continue to offer its core program, Web-Est Online Estimating platform, as well as Crash-WriteR by Web-Est as an offline/cloud product.
By combining development teams, Web-Est and Crash-WriteR programmers will develop a new “best-in-class” online estimating platform. This new platform will incorporate all of the most powerful features offered in both products and provide a more powerful, mobile product designed specifically for the small to mid-sized, independent shops.
“We believe the new operation creates the single largest customer footprint serving the small to mid-size body shop market in North America for collision estimating products,” Eric Seidel, Web-Est president and CEO, said in a release. “We intend to leverage the economies of scale to build value for our customers and the small shop market as a whole.” Seidel continued, “The leadership at Crash-WriteR has demonstrated their commitment to their customers and product. This shows in their high level of customer loyalty, we are very excited to join forces."