CCC Acquires Actual Systems Of America
CCC Information Services Inc. (CCC) announced it has acquired the assets of Actual Systems of America (ASA), provider of Pinnacle Professional automotive recycling software. The transaction, which advances CCC’s auto parts strategy, will lead to the creation of the CCC Pinnacle Yard Management solution, a system for yard management, repair management and parts eCommerce. CCC and ASA announced plans to begin integrating ASA’s Pinnacle Professional solution with the CCC TRUE Parts Network in July 2014.
“CCC is focused on bringing technology solutions to market that benefit all segments of the collision repair industry,” said Jim Dickens, Executive Vice President, CCC Information Services. “This acquisition allows us to move quickly and seamlessly to deliver a single, comprehensive software solution for repairers, insurers and recyclers to proactively manage the recycled parts process. Pinnacle Professional was developed by recyclers, for recyclers and we look forward to welcoming the ASA team to CCC as we continue to deliver on that vision.”
Peter Bishop, Managing Director for ASA said: “The ASA team is excited to join CCC, helping to support and advance the new CCC Pinnacle Yard Management solution. Current users of Pinnacle Professional can expect the combined solution to provide the same functionality they enjoy today, and look forward to future software enhancements that will make yard management even more efficient.”
CCC’s (www.cccis.com) client base includes more than 350 insurance companies and more than 21,000 repair facilities. In addition, the CCC True Parts Network connects hundreds of parts suppliers with repairers. Actual Systems of America has been involved in the auto recycling industry since 1997. It was reported by the United Recyclers Group (URG) that Actual Systems was bought by Solera Holdings, Inc. (parent company of Hollander, Inc.) in 2012.
Since CCC’s acquisition announcement, the company has also released that its CCC Pinnacle Yard Management software solution has been named the sole endorsed auto recycler yard management system by URG, which includes more than 400 auto recyclers.