DataScan Field Services Acquires Manders Appraisal and Groupe Quadrex in Canada
ALPHARETTA, Ga.--July 17, 2006--DataScan Field Services (DFS), the largest floorplan audit and vehicle inspection company in the industry, announced the acquisition of Manders Appraisal and Groupe Quadrex, vehicle inspection companies with offices located in Toronto, Ontario and Montreal, Quebec.Manders Appraisal (Manders) and Groupe Quadrex (Quadrex), operating as one company, provide inspection services in Canada on a national basis. Utilizing a field network of over 100 field specialists, Manders and Quadrex provide off-lease, mechanical and collision damage inspections to over 40 clients. "The opportunity to join DataScan Field Services is exactly what was needed to unlock our true growth potential," said Richard Carpentier, president of Manders and Quadrex. "Our management team, associate base and field network will remain intact and we will gain access to DFS' knowledge, technology and capital resources. It is a perfect fit for our company and our clients."
With DFS' recent expansion into the Canadian market, the acquisition of Manders and Quadrex will support the company's efforts to meet current client demands and provide increased business opportunities in Canada. The acquisition will also allow DFS to expand their product offering, becoming the single source of audit and inspection solutions in the U.S. and Canada.
"This acquisition is consistent with DFS' goal of strategically positioning itself for growth," said Brent Sergot, vice president and general manager of DFS. "The Canadian marketplace represents a logical expansion opportunity for us and this acquisition gives us the management talent and field network necessary to accelerate our plans for delivering all of our services in Canada."
"To be successful in Canada you need to be committed to the marketplace, and this acquisition demonstrates our long-term commitment to growth in Canada," said Frank Armstrong, president of DataScan Technologies. "The Manders and Quadrex companies are well respected for their operational strength and focus on customer service and we are pleased to have them join our Field Services business."
About DataScan Field Services (DFS)
DataScan Field Services (DFS) (http://www.datascanfieldservices.com), headquartered in Alpharetta, GA, is the largest floorplan audit and vehicle inspection company in the industry. DFS combines Vehicle Inspection Services (VIS) and Nationwide Audit Services (NAS) into a single organization operating an international network of field specialists which provide floorplan audit and vehicle inspection services to major companies throughout North America. DFS leverages its experienced associates and technological expertise to continually enhance their service offerings.
About Manders Appraisal Inc.
Manders Appraisal (Manders) (http://www.mandersappraisal.com) is located in Mississauga, ON and Groupe Quadrex, the sister company, is located in Montreal, QC. The combined organization has provided lease end inspections, collision damage appraisals and warranty inspections to an extensive client base in Canada for over 10 years. The team of knowledgeable and experienced field specialists allow for the most extensive field coverage in the Canada.