APCO Holdings, LLC, acquires Countrywide Car Care, making nationwide F&I pressure

NORCROSS, Ga.—January 3, 2023— APCO Holdings, LLC, a main supplier and administrator of automotive F&I merchandise and home to the EasyCare and GWC Warranty brands, has obtained Nationwide Automobile Treatment (NAC). The offer was finalized on January 3, 2023.

“We are psyched by all the added benefits that this acquisition provides to APCO. It completes our nationwide footprint, expands our variety of products for car and RV dealers, provides new segments like Powersports, and strengthens our schooling and company advancement capabilities to continue to keep us at the forefront of supporting sellers, agents and associates retain F&I profitability as the market place returns to a much more traditional, competitive point out,” stated Finbarr O’Neill, Govt Chairman of APCO Holdings, LLC. 

National Automobile Care is a very revered supplier of F&I products, administration, consulting services, teaching, and advertising assistance. With a lot more than 35 decades of shown accomplishment, NAC provides items and solutions to 1000’s of vehicle, RV, and powersports sellers, credit history unions and monetary institutions.

“Our teams share many identical philosophies in how our businesses function,” explained Tony Wanderon, CEO of Countrywide Automobile Care. “We are all fully commited to quality and excellence in everything we do, most importantly getting treatment of shoppers, helping them improve their seller F&I operations even though producing a office where by our staff members truly feel valued. I am self-confident that our future is vivid.”

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Mr. Scot Eisenfelder stepped down from his purpose as CEO of APCO Holdings effective with the closing. “Scot extra huge price to this business all through his tenure. We thank Scot for his committed leadership and the development designed in this pretty complicated market”, reported Government Chairman O’Neill. 

Mr. Wanderon is now CEO of the new mixed corporation. “We look forward to Tony’s leadership, leveraging his deep working experience in the F&I arena, his demonstrated heritage of setting up potent businesses to efficiently aid vehicle retail F&I functions, even though creating a robust purchaser-oriented culture.”

APCO’s and Nationwide Car Care’s shared abilities and complementary choices will be leveraged to help dealers meet up with changing market requires, such as the continued emergence of digital retailing and EV income. The expansive, put together F&I item suite will allow dealers to capture additional income by increased profits alternatives, like further EV choices, high-mileage solutions, access to the MotorTrend Licensed application and expertise in both equally RV and powersports industries.

About APCO Holdings, LLC

Considering the fact that 1984, APCO has grown to turn into a leading provider and administrator of F&I goods for the auto business. Crafted on a basis of economic protection and a motivation to understanding our customers’ requirements, APCO is a reliable husband or wife to some of the most perfectly-revered insurers, hugely successful dealerships, and primary auto field players in the region. The company marketplaces its goods applying the EasyCare, GWC Warranty, and MemberCare makes, as very well as other non-public label goods, via a community of impartial agents and an internal salesforce that specialize in consulting with and servicing the automotive dealership markets. EasyCare, GWC Guarantee, and MemberCare F&I products are the only “MotorTrend® Proposed Greatest Buy” in the industry. They also carry major ratings from the Better Business enterprise Bureau, have protected around 11 million consumers, and have paid over $3.5 billion in claims.

About Nationwide Vehicle Treatment

NAC is one of the longest functioning suppliers of solutions these kinds of as auto company contracts, guaranteed asset protection, constrained warranty, tire and wheel and a total suite of ancillary protection products nationwide. NAC provides F&I products and solutions, administration, consulting expert services, schooling and advertising guidance to independent brokers, insurance policy corporations, automobile dealers, RV sellers, powersports dealers, financial institutions, third-get together administrators, and credit history unions.