AutoBI joins Bumper Group in first acquisition for payments provider

We're pleased to announce AutoBI has been acquired by the Bumper Group, the specialist payment provider for the automotive industry.

Recently celebrating its tenth year, Bumper operates across the UK, Spain, Germany, and the Netherlands. The digital payments provider has offices in Sheffield, London, Ankara, Barcelona and Frankfurt.

This new acquisition will enable Bumper and AutoBI to strengthen their digital offering to dealers with enhanced payment and insight capabilities.

All staff with transfer with the business and founder, Jonathan Sharman, will continue as CEO.

Jack Allman, CCO and Co-Founder of Bumper said: “AutoBI is a perfect fit for Bumper and this acquisition is a key part of our strategic goal to become Europe’s largest automotive payment and data platform.

“AutoBI’s ability to generate thousands of near real-time reports will enable us to provide our dealer partners with greater visibility of data and insights across their businesses, helping boost their profitability, efficiencies and cost savings.”

“We’re delighted to welcome theAutoBI team to the business. This is our first acquisition and we will review further opportunities as they arise.”

Jonathan Sharman of AutoBI said: “The AutoBI team are excited to become part of Bumper and support its growth in the UK and Europe as the leading finance platform for car retailers.

“The synergies between the businesses will enable us to seamlessly add further value to Bumper’s dealer proposition.”