Reynolds and Reynolds acquisition bolsters IT choices


“It grew to become evident that our prospects are asking about these items and so they’re actually attempting to determine it out,” Walsh stated. “They’re attempting to be sure that they’re compliant and that they are protected, and that is once we simply noticed a must get into an space that we have by no means actually gotten into.”

Proton, based mostly in Raleigh, N.C., and based in 2014, presents dealerships a slate of cybersecurity instruments, corresponding to outsourced IT departments, safety operations facilities, distant assist desks and on-site assist groups.

Founder Brad Holton is the only proprietor, and he stated he intends to proceed to steer Proton for the long run underneath the Reynolds umbrella.

Proton has about 600 dealership shoppers, 98 % of that are franchised, Holton stated. Walsh stated there’s a number of room to develop Proton’s services and products throughout the Reynolds buyer base, possibly even to “100%” of it. Reynolds would not disclose the variety of its dealership prospects.

This 12 months, Walsh stated Reynolds would step up its acquisition activity and construct out its product portfolio.

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