CDK Global

CDK - International Business Segment is a provider of automotive retail software solutions in EMEA and Asia.

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HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq; CDK) Heavy Equipment, a leading provider of integrated information technology solutions to the heavy equipment retail industry, today announced it will offer the Elead customer relationship management (CRM) solution to heavy equipment dealers with the ability to integrate it into the CDK IntelliDealer dealer management system (DMS) this summer. The integration will provide agriculture and construction equipment dealers the indust

CDK Global Introduces Elead CRM Solution to Heavy Equipment Dealers

LONDON, March 1, 2021 /PRNewswire/ -- Today, Francisco Partners (FP) completed its acquisition of CDK Global International, a former division of CDK Global (NASDAQ: CDK) for $1.45 billion (https://www.franciscopartners.com/news). The acquisition by FP, a leading global investment firm...

International Business Of CDK Global Becomes Keyloop

LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Francisco Partners (FP), a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of the acquisition of CDK Global International, a former division of CDK Global (NASDAQ: CDK) and a leading provider of automotive retail software in EMEA and Asia. CDK Global International has now been established as an independent business named Keyloop. Petri Oksanen, Partner at Francisco Partners and Chai

Francisco Partners Completes Acquisition of International Business of CDK Global

HOFFMAN ESTATES, Ill., March 01, 2021 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) (“CDK” or "CDK Global"), a leading provider of dealer management systems and integrated information technology solutions to the automotive retailing and adjacent industries, announced today it has completed the previously announced sale of the CDK International business (“International Business”) to Francisco Partners.

CDK Global, Inc. Announces Completion of International Business Sale

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, together with the National Association of Minority Automobile Dealers (NAMAD), today announced the opening of the application process for the fifth annual Fueling Careers Scholarship Program. The program is designed to help build a strong pipeline of minority talent for the automotive industry and is part of a three-year pledge that includes $150,000 in scholarship funding. In

CDK Global Opens Application Process for Fifth Annual NAMAD Scholarship and Internship Offers

BURLINGTON, Vt., Feb. 16, 2021 /PRNewswire/ -- Widewail, the leading reputation management and social media engagement platform, today announced that it has become a participant in the CDK Global Partner Program, one of the largest third-party partner programs in the industry. Widewail is...

Widewail Joins CDK Global Partner Program

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today announced it deepens its promise to corporate responsibility and sustainability in alignment with the United Nations Sustainable Development Goals. Three non-profit organizations dedicated to enhancing and increasing access to education will receive a total of $70,000 pledged by CDK. These contributions will aid Boys and Girls Clubs of Southeast Louisiana, greenlight for

CDK Global Strengthens Commitment to Philanthropic Partnerships to Support Inclusive and Equitable, Quality Education and Lifelong Learning

CDK Global (CDK) second-quarter fiscal 2021 results reflect weakness across board.

CDK Global (CDK) Q2 Earnings and Revenues Miss Estimates

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today announced the availability of four new Vehicle Sales API integrations for Elead CRM through the Fortellis Automotive Commerce Exchange™. For the first time, industry software providers can retrieve sales activities and opportunities data directly from Elead CRM and integrate them into their dealership applications. The Fortellis integrations will help improve sales and m

CDK Global Launches Advanced CRM Data Capabilities with Four New Elead APIs

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today introduced a new user interface (UI) for its CDK Service layered application designed to simplify workflow navigation and improve efficiency and customer engagement for dealers. CDK Inspect, which ensures consistent completion of the multipoint vehicle inspection process, will be the first CDK Service application to adopt the new interface. “We're reimagining the tools d

CDK Global Reimagines Its Service Layered Applications

CDK Global's (CDK) CEO Brian Krzanich on Q2 2021 Results - Earnings Call Transcript

CDK Global (CDK) delivered earnings and revenue surprises of -7.81% and -2.05%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

CDK Global (CDK) Lags Q2 Earnings and Revenue Estimates

Shares of CDK Global (NASDAQ:CDK) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 26.25% year over year to $0.59, which missed the estimate of $0.65.

CDK Global: Q2 Earnings Insights

Achieves Record Sites in North America; Provides Full Year Guidance Achieves Record Sites in North America; Provides Full Year Guidance

CDK Global, Inc. Reports Second Quarter Fiscal 2021 Results

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--The following is an open letter to customers from Brian Krzanich, CDK Global: February 8, 2021 To Our Customers: Just over a month ago, the world breathed a collective sigh of relief as we turned the corner into a brand-new year. A fresh start brings a great deal of optimism, yet there are still lingering challenges and new ones that will emerge in 2021. While there is much we wish to forget about 2020, we also learned a great deal about ourselves and how

An Open Letter to Customers from Brian Krzanich, CDK Global

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today completed the acquisition of Austin-based Square Root. Founded in 2006, Square Root is the creator of CoEFFICIENT®, which helps automotive original equipment manufacturer (OEM) field managers understand and act on unique data patterns and opportunities for retailers in their markets. “The acquisition of Square Root is another important step in our efforts to build innova

CDK Global Acquires Square Root

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today introduced Neuron, an open, intelligent data platform connected to the Fortellis Automotive Commerce Exchange™. Neuron is designed to turn high volumes of industry information into easy-to-understand, actionable insights for dealers, original equipment manufacturers (OEMs) and third-party software developers. The new platform uses an analytics engine powered by artificia

CDK Global Introduces Big Data Platform to Transform Automotive Industry Data Into Valuable Insights for Dealers, OEMs and Software Developers

HOFFMAN ESTATES, Ill., Jan. 15, 2021 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, is scheduled to release its financial results for the fiscal second quarter ended December 31, 2020 after the closing of the Nasdaq market on Monday, February 8, 2021. At that time, CDK intends to issue new guidance for fiscal 2021 on a continuing operations basis in consideration of the sale of the CDK International business segment announced on November 30, 2020.

CDK Global to Announce Second Quarter Fiscal 2021 Financial Results on February 8, 2021

Bear Of The Day: CDK Global (CDK)

ORANGE, Calif.--(BUSINESS WIRE)--Computerized Vehicle Registration (CVR), the national market leader in registration and titling solutions, today announced a new partnership with Automotive Titling Corporation (ATC), a Colorado-based company that provides out-of-state title and registration services to auto dealers throughout the United States. These two large brands in the electronic vehicle registration (EVR) space are combining forces to provide an enhanced and faster vehicle registration ex

CVR Partners With ATC to Provide Seamless and Accurate Vehicle Titling and Registration Experience Across All 50 States

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today announced Eric Guerin will join the Company as executive vice president and chief financial officer (CFO) on January 18. The appointment of Guerin will enable Joe Tautges to complete his transition to the role of chief operating officer (COO) early in 2021. In his role, Guerin will be responsible for driving the Company's financial strategy, growth opportunities, and per

CDK Global Names Eric Guerin Chief Financial Officer

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, announced today that David Hahn has joined the company as chief information security officer (CISO). He will also be a member of the executive leadership team. In his role, Hahn is responsible for developing a global strategy and executing the roadmap for managing technology risk and information security across the company's IT, product engineering, and research and developmen

CDK Global Names David Hahn Chief Information Security Officer

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global, Inc. (Nasdaq; CDK) Heavy Equipment, a leading provider of integrated information technology solutions to the heavy equipment retail industry, today announced a partnership with Integrated Rental, a global leader in the heavy equipment rental software industry, that will bring an enhanced equipment rental integration to the CDK IntelliDealer dealer management software (DMS) platform early next year. The new integration will offer customers an a

CDK Global and Integrated Rental Bring New Solution to IntelliDealer DMS

LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, announced today the execution of a definitive agreement with CDK Global, Inc. (Nasdaq:CDK) to acquire CDK's International business segment (“CDKI”), a leading provider of automotive retail software solutions in EMEA and Asia, for $1.45 billion. “The automotive retail experience is undergoing dramatic change. With its leading market position in

Francisco Partners to Acquire International Business of CDK Global for $1.45 Billion

Transaction Sharpens CDK's Strategic Focus on Growth in North America Markets Transaction Sharpens CDK's Strategic Focus on Growth in North America Markets

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