ADP Dealer Services

CDK says Anenen stepping down as CEO; Brian MacDonald named successor

12:42 pm U.S. ET | Dec. 14, 2015

CDK Global CEO Steven Anenen will step down from his role at the dealer software provider by June 30, the company said....
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CDK getting interest from buyout firms, report says

1:56 pm U.S. ET | Sept. 9, 2015

CDK Global is accepting expressions of interest from select private-equity firms this week, people with knowledge of the matter told Bloomberg, even as some shareholders urge the company to formally explore a sale effort and undertake a broader competitive auction....
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CDK Global exploring sale to private equity firms, report says

4:52 pm U.S. ET | Aug. 11, 2015

CDK Global, one of the two dominant providers of dealer management system software used by auto retailers to help run their stores, is meeting with private equity firms to gauge their interest in buying the company, people with knowledge of the matter told Bloomberg....
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CDK sees 25 percent profit growth in 2016

3:37 pm U.S. ET | July 29, 2015

CDK Global CEO Steve Anenen predicted that earnings at the dealership software giant would jump in its 2016 fiscal year. On the strength of cost-cutting and better bundling of software products, CDK Global expects adjusted earnings to rise at least 25 percent in 2016 on revenue growth of 4 to 5 percent, Anenen told analysts during a year-end earnings call today....
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