Open Dealer Exchange, a specialist in automotive F&I software solutions, is excited to announce that for the first time they have joined the Inc. 5000 list of the fastest-growing private companies in America. Achieving 73% growth over the last three years, Open Dealer Exchange president, Steve Luyckx credits innovation and a thriving work environment to the successes the company has been experiencing:
“The impressive results that we delivered over the last few years are providing a great deal of momentum going into this year. At the core of our successful growth over the last decade has been dedicated employees, innovation, creativity, and business focus (automotive F&I). The on-going competitive and changing automotive industry will motivate us to deliver even better products/services and superior customer support.”
Open Dealer Exchange ranked 31st amongst Detroit-based businesses.
About Open Dealer Exchange
A joint venture between CDK Global™, LLC and The Reynolds and Reynolds Company, Open Dealer Exchange is a technology leader within the automotive F&I process for connecting lenders and F&I product providers with their dealer partners throughout the United States. By providing a direct connection into the dealership’s leading network — the DMS — Open Dealer Exchange virtually removes the need for the dealer to leave their system-of-record during the F&I process. This innovative process results in increased operational efficiencies, reduced contract errors, and a more streamlined process with a lender or provider’s franchised dealerships. For more information on Open Dealer Exchange and its divisions, please visit www.opendealerexchange.com.
About the Inc. 5000
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for-profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2018. (Since then, several companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. Companies on the Inc. 500 represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.