CDK Global’s Acquisition of Salty Dot

Fenwick & West advised Salty Dot on the deal.

Salty Dot, Inc., an embedded insurance technology platform, announced its definitive agreement to be acquired by CDK Global Inc. (Nasdaq: CDK), a leading automotive retail technology company.

Salty’s technology platform gives consumers a seamless way to buy car insurance. It will expand CDK’s suite of digital offerings and grow its market beyond the digitization of traditional car dealer workflows.

The Fenwick transaction team includes corporate partners Ryan Slunaker (Picture) and Kris Withrow and associates Jeff Zhang, Brendan Montgomery, Anja Kong and Peter Li; executive compensation & employee benefits partner Marshall Mort, counsel Jane Piehler and associates Christophe Delrieu and Jonathan Stephenson; technology transactions partner Ralph Pais, associates Ana Razmazma and Ali Kongats; and tax partner William Skinner and associates Michael Knobler and Sean McElroy.

Involved fees earner: Christophe Delrieu – Fenwick & West LLP; Michael Knobler – Fenwick & West LLP; Anja Kong – Fenwick & West LLP; Ali Kongats – Fenwick & West LLP; Peter Li – Fenwick & West LLP; Sean McElroy – Fenwick & West LLP; Marshall Mort – Fenwick & West LLP; Ralph Pais – Fenwick & West LLP; Ana Razmazma – Fenwick & West LLP; William Skinner – Fenwick & West LLP; Ryan Slunaker – Fenwick & West LLP; Jonathan Stephenson – Fenwick & West LLP; Kris Withrow – Fenwick & West LLP; Jeff Zhang – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Salty Dot, Inc.;

Author: Martina Bellini