Channel | Auto Industry News

F&I Administration Solutions Acquires DealerTrack’s SCS Business

CHICAGO – F&I Administration Solutions LLC has purchased certain assets related to the SCS business of DealerTrack Aftermarket Services Inc., a subsidiary of DealerTrack Holdings Inc. David Trinder, a former senior vice president at DealerTrack, is the owner and CEO of F&I Administration Solutions.

The SCS Auto platform is an integrated, web-based solution that automates and streamlines the F&I product administration process. It was built specifically for automotive aftermarket product and service providers to provide the necessary tools to run the back office. This hosted service enables provider administration staff to securely access the full suite including product, contract, channel, claims and risk management functions.

“I am very excited about this opportunity,” Trinder said. “We recently launched the SCS Auto Express R8.0 platform, the only truly web-based F&I aftermarket product administration system on the market today, and in response to strong market demand, are about to launch a new web-based GAP module.”

“DealerTrack views this as an opportunity to allow us to focus our efforts on areas that are more strategic to our mission, while, at the same time, not impacting the integration of SCS Auto with our Aftermarket Network business,” said Mark O’Neil, chairman and CEO of DealerTrack.

“The team that supported SCS Auto will move to F&I Administration Solutions, including Kumar Kathinokkula, who has been leading the SCS business for several years,” Trinder added. “I believe this new organization is well positioned to build on the excellent product and service that DealerTrack consistently delivered to its SCS Auto customers and we are looking forward to building even greater success in the future.”

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