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ADP buys Cobalt – DealerRefresh

Industry News & Trends

ADP Buys Cobalt Group – Announcement

  • Jeff Kershner
  • Posted onJul 9, 2010 at 12:43 AM
  • 4 Comments
ADP Dealer Services Group is planning to buy Cobalt Group Inc. According to Dealer Communications – Friday July 9 will be the announcement of ADP Dealer Services plan to purchase Cobalt Group Inc. Apparently discussions have been ongoing for nearly two years between ADP and Cobalt’s primary investor Warbug Pincus. The acquisition is expected to …

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