Tempe, AZ – Red Mountain Acquisition, a privately held corporation, announced today that it has acquired CustomerFunding.com, a leader in lead generation and automotive marketing. Terms of the transaction were not disclosed.
CustomerFunding.com, Inc. is a well established online automotive marketing company based in the Phoenix metro area. CustomerFunding is recognized as a leading provider of finance customer referrals, new car pricing referrals, direct mail programs, customer loyalty programs, and has obtained licensing for independent automotive financing in eight states. The CustomerFunding business model is the result of over eighty years of accumulated experience in automotive sales, finance, and management.
To ensure the seamless integration, COO/SR VP Edward Valentin has been appointed as the new President and CEO of CustomerFunding.com, Inc. Other Key managers have been retained and appointed as Officers of CustomerFunding.com. “The acquisition team will continue to combine experience with a consistent growth strategy,” said Edward Valentin, President and CEO. “We are excited for the growth opportunities that this great company has established in the automotive lead generation and internet marketing industry. We look forward to taking CustomerFunding.com to the next level.”
About CustomerFunding.com, Inc.
About Red Mountain Acquisition
Used-vehicle values fell by an average of 1.9% in October, the largest decline since January but on course with seasonal patterns, according to the latest report from Black Book.