Web-Est, LLC and Crash-WriteR Announce Closing of Acquisition Agreement
November, 2014. Oldsmar, FL and Toms River, NJ. Today Web-Est, LLC and Crash-WriteR, Inc. jointly announced that the two companies recently closed an asset acquisition agreement. This agreement creates a “First-in-the-Space” national leader for the small to mid-size Independent collision repair shop market. The transaction will not, however, impact either company’s customer base nor their respective product offerings as they exist today. The combining of operational teams and resources is expected to create expanded, programmatic features which 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.
Eric Seidel, Web-Est President and CEO commented “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. 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.”
“The Crash-writeR brand has a long standing reputation for focusing on needs of the small independent shop; we see the same focus with the Web-Est brand” stated Art Rezac, President and CEO of Crash-Writer. “Combining these two organization will benefit both customer bases and serve as a launching pad for more value to this segment of the market” Rezac Continued.
About Web-Est, LLC:
Web-Est, LLC is the provider of an online auto collision estimating programs: the Web-Est Online Platform and the Crash-writeR by Web-Est program. Web-Est licenses their OEM collision repair data from Mitchell International™ and configures the information into its platforms. The product also integrates with most body shop software. Web-Est caters to the small to mid-size auto collision repair shops and Auto Physical Damage Appraisers by providing a low-cost, high-value, logic-based collision repair estimating software solution. For More information contact Web-Est, LLC (888) 932-3780.