AVRS is the Market-Leading Vehicle Registration Software Provider
HOFFMAN ESTATES, IL – CVR today announced that it has acquired AVRS, Inc., the leading provider of electronic registration software in California.
CVR, or Computerized Vehicle Registration, is the national market leader in registration and titling solutions, currently operating in 15,000 dealerships across 23 states and processing over 14 million transactions annually. AVRS’ solutions are targeted specifically to the California vehicle registration market, the largest in the U.S.
Janet Michels, General Manager of CVR, stated, “The combination of AVRS innovation, customer service and training, now coupled with seamless end-to-end DMS integration, will bring our California clients to another level of platform excellence and data security that can’t be achieved by any other service provider in California.”
AVRS provides user-friendly solutions to dealerships that span all facets of the electronic registration services process – allowing dealerships to effortlessly process vehicle titles and store documents via the AVRS software. The combined reach of CVR and AVRS will include over 3,500 customers throughout California.
Robert Rieger, AVRS CEO and founder, also stated, “Customers deserve a great experience, and our number one priority is to provide a level of service that is unparalleled in this industry. That’s why we hold the highest customer retention rate of 99.7% amongst all providers in California. The combination with CVR will allow us to continue this level of service.”
About AVRS
AVRS is a pioneer in developing technology for the California DMV Business Partner Automation program. With a focus on efficiency and ease of use, modern technology has been utilized to bring an unrivaled web-based solution to the registration marketplace. All of this is backed by award winning customer support and an expert training team making AVRS your complete solution for DMV processing. For more information, visit avrs.com.
About CVR
CVR, a joint venture between CDK Global, Inc. (Nasdaq:CDK) and The Reynolds and Reynolds Company, provides automotive dealers with fast, secure, certified electronic vehicle registration. CVR processes millions of vehicle transfers and DMV inquiries annually across 23 states that offer electronic vehicle registration. CVR currently offers state certified programs providing Electronic Registration, Vehicle Record Inquiry, and Electronic Lien and Title services. For more information, visit cvrconnect.com.
Media Contact:
Janet Michels
jmichels@cvrconnect.com