Vela APX Acquires Autoinfo

Vela APX Acquires Autoinfo, Strengthening Automotive ERP and Business Management Solutions

December 18, 2024 – Vela APX, a division of Vela Software Group and Constallation Software Inc (CSI),  is pleased to announce the acquisition of Autoinfo, a leading provider of automotive catalogue data and solutions for automotive, motorcycle, marine, industrial and agricultural equipment. This acquisition reinforces Vela APX’s expertise in the automotive industry and expands its portfolio of solutions for businesses managing complex operations in automotive parts distribution and service.

Autoinfo provides industry-leading vehicle-specific eCatalogues and market intelligence solutions to the Australian and New Zealand automotive aftermarket and OEM parts industry. Their proprietary vehicle index and cataloguing system, OSCAR, various private label trade portals and retail websites, enable businesses to efficiently identify parts, improve sales, and reduce returns.

Autoinfo’s solutions include real-time catalogue updates, REGO and VIN decryption, a robust B2B marketplace (BuyerAssist), and lubricant recommendations through LubeSpine. Their services help streamline parts identification, enhance inventory management, and provide valuable data insights for decision-making, with a focus on ease of use and integration.

With an established customer base across Australia and New Zealand, Autoinfo has a strong reputation for delivering industry-specific solutions that drive operational excellence and profitability for automotive businesses.

David and Todd Wyeth, Directors of Autoinfo New Zealand and Autoinfo Australia on joining Vela Software Group and Constellation Software Inc:

“Becoming a part of the Vela group marks a major milestone for us and our long-serving team members, continuing the vision outlined by our co-founder Bob Wyeth.  Adherence to that vision and core principles has seen our customers thrive and as a result of their success, our business has been able to succeed along with them.

Selling a business that your family has spent over 18 years building isn’t a decision to be taken lightly, and we believe that the core principles of Vela and the entire Constellation group align well with our own. This will ensure that the independence and ethics that our industry has come to expect of us can be maintained for decades to come.

The team at Vela APX and the wider Constellation Group were already known to us with a long-standing relationship.  They understood us, our principles, the way we interact with our industry and several mutual customer relationships.   We felt that they would continue our legacy whilst taking us on a greater journey beyond our humble beginnings.”

Ian Whiting, CEO of Vela APX, on welcoming Autoinfo to the group:

“We are delighted to welcome the Autoinfo team and customers to the Vela family. David, Todd, Cathy, and the team have built an amazing business which has become the industry standard for automotive parts cataloguing in the region, and we’re thrilled to provide Autoinfo a new and permanent home in our automotive portfolio. Their innovation and strong customer relationships are key assets, and we look forward to supporting their continued growth and success in the automotive sector.”

This acquisition aligns with Vela APX’s strategic focus on supporting industry-specific software providers through its “connected autonomy” model. Autoinfo will maintain its agility and independence while leveraging Vela’s global expertise and network to support growth, innovation, and long-term success.

For more information about Autoinfo please visit: autoinfo.com.au

For more information about Vela APX please visit: velaapx.com