True Wind Capital Invests in Dealer Spike, LLC
PORTLAND, Ore., April 13, 2018 /PRNewswire/ — Dealer Spike is pleased to announce that True Wind Capital Management, LLC has made an investment in the company through an investment affiliate. True Wind Capital is a San Francisco-based private equity firm that is focused on investing in leading technology companies.
“I’m excited at the amazing growth the Dealer Spike team has achieved in ten short years. I believe that with the backing of True Wind, our company has an enormous opportunity ahead of it,” says Jay Mason, President and Founder of Dealer Spike.
“We are focused on investing in technology companies that service small businesses, and we will continue to grow and invest in Dealer Spike’s exciting platform,” says Adam Clammer, Founding Partner of True Wind Capital.
Clammer will serve as Chairman of the Board and Mason will serve as Vice Chairman of the Board. The existing management team will continue to run the business on a day-to-day basis.
For more information about Dealer Spike’s industry-leading solutions, visit www.dealerspike.com.
ABOUT TRUE WIND CAPITAL
True Wind Capital is a long-term private investor focused on the technology industry. True Wind is a value-added partner, providing support and expertise that is rooted in 50+ years of collective investing experience.
ABOUT DEALER SPIKE
Dealer Spike is a leading Software-as-a-Service (SaaS) provider for dealers in multiple vertical markets including powersports, RV, trailer, marine, truck, agricultural equipment, heavy equipment, and auto dealership sales. The company provides innovative, powerful, distinctive web solutions and tools to thousands of dealers worldwide. Dealer Spike is focused on helping dealers increase online leads and sales through digital advertising and training.
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SOURCE Dealer Spike