Troy-based data analytics leader J.D. Power has completed the acquisition of Autovista Group, a pan-European and Australian automotive data and analytics provider headquartered in London. Terms of the transaction were not disclosed.
The acquisition, which was announced in September 2023, brings together Autovista Group’s comprehensive datasets, insights, and industry expertise with J.D. Power market-leading predictive analytics, valuation, and customer experience datasets.
“Autovista Group is home to some of Europe and Australia’s most well-known brands in automobile valuation, repair estimation, and predictive analytics, and they have been pioneering the use of data-driven insights since the early 1930s,” says Dave Habiger, president and CEO of J.D. Power.
“Bringing the Autovista Group team into the J.D. Power family will help leverage our complementary strengths to develop even more powerful insights and forecasting solutions for our worldwide client base.”
Through its six brands — Autovista, Eurotax, Glass’s, Schwacke, Rødboka, and EV Volumes — Autovista Group standardizes and categorizes hundreds of technical attributes for virtually every vehicle produced in their markets, providing clients with a 360-degree view of detailed vehicle data for use in valuations, forecasts, and repair estimates.
In addition, its analytic solutions and team of analysts are relied upon by stakeholders throughout the automobile industry for detailed insights and benchmarks for vehicle values and ownership, repair, and replacement costs, according to the company.
“We are living at an historic moment in the automobile industry when future success will largely be determined by how well the industry adapts to massive changes in everything from new powertrains to the use of AI,” says Lindsey Roberts, formerly CEO at Autovista Group and now president of J.D. Power Europe. “I believe our mutual obsession with data-driven innovation will help our clients navigate through this period of change with confidence.”
Along with Roberts, Autovista Group’s senior leadership and its 750 employees will continue with the company and will become the J.D. Power automotive data and analytics platform for Europe and Australia.
Autovista Group was previously owned by Hayfin Capital Management, a European alternative asset management firm.
