APCO Holdings, provider and administrator of automotive Finance & Insurance (F&I) products, has acquired two companies: Rider’s Advantage and Capital Administrative Professionals.
Rider’s Advantage is widely recognized as the powersport industry’s most comprehensive F&I agency with a deep portfolio of products and training services. Since its inception, Rider’s Advantage has built a deep portfolio of products sold by over 1,000 powersports, marine and RV dealerships.
The strategic acquisition closely follows that of Crystal Fusion on May 1, and is one of two acquisitions the company closed. The addition of Rider’s Advantage marks a significant milestone as APCO further expands its product portfolio for powersports dealers, agents and lenders, APCO said.
“We couldn’t be more excited to welcome Rider’s Advantage to the APCO family,” said Tony Wanderon, CEO of APCO Holdings. “This acquisition increases our ability to deliver the products and services powersports dealers want and need, plus enhances our ability to support dealers across multiple channels.”
“The addition of Rider’s Advantage deepens our expertise in the powersports space — growing the value we offer to dealers and agents,” said Courtney Hoffman, APCO’s chief revenue officer. “I am confident that Rob and his team will make immediately impact in this segment of our business and I’m excited to see how we come together.”
APCO has also acquired Capital Administrative Professionals (CAP).
CAP is an F&I administrator providing innovative and flexible products to automotive, RV and powersports agents and dealers across the country. Started in 2021, CAP supports over 700 dealers with innovative products, training, wealth building and best-in-class service, APCO said.
“We’re thrilled to welcome CAP to the APCO family,” said Tony Wanderon, CEO of APCO Holdings. “This strategic move strengthens our market position and aligns with our vision of delivering innovative products and solutions for dealers. We look forward to working with the talented CAP team and leveraging their expertise to drive growth and value for our customers.”
“We’re excited to join APCO as it allows us to better support our agents and dealers across channels,” said Capital Administrative Professionals President Michael Hunter. “The resources unlocked by this acquisition are unparalleled in the industry.”