Software developer Dragon2000 has been sold the Lacour Group.
Dragon2000 which has grown from its inception into a major player in the UK’s automotive Dealer Management System (DMS) market also specialises in car dealer websites, garage software, used car dealer software solely for the retail motor trade.
Advisor Cooper Parry has worked closely with Dragon2000’s managing director Mark Cooper for several years culminating in the acquisition which helps Lacour secure a strategic cross-border growth potential.
Lacour Group, which itself sold a majority stake to Carlyle in 2023, will support Dragon2000 to continue its growth trajectory in the UK.
Mark Cooper said: “The Cooper Parry deal team worked tirelessly to negotiate and deliver an excellent transaction for us as shareholders and for our dedicated management team. Their sector expertise and partner-led approach provided invaluable support throughout the process.”
David Kendrick, head of automotive at Cooper Parry, commented: “Having known the business for a long time and worked with Mark Cooper, we see fantastic synergies between Dragon2000 and Lacour. We’re confident the combined business will thrive in the future.”
Angelo Maida, CEO of Lacour Group, added: “This acquisition is a major step forward for us, enabling entry into the dynamic UK market. We’re excited about the opportunities to grow our presence and introduce our innovative solutions to a wider audience. Together, we will continue to focus on innovation, product-led growth, and further integrating AI into our product suite to enhance value for our customers.”