An Important Message from AutoQuotes Executive Chair Mark Haidet

To our valued customers:

As 2018 winds down, on behalf of the entire AutoQuotes and CaterQuotes’ teams, I want to take a moment to thank you for your continued business and support. The end of a year is a good time for reflection but also, to look ahead to what’s coming in the new year.

As you may be aware, AutoQuotes and Luminate Capital Partners, a private equity firm focused on software and software-enabled services businesses, announced a strategic investment to support the continued growth of AutoQuotes and CaterQuotes. The purpose of Luminate’s investment is to allow AQ and CQ to continue the critical roles they play in your business and to expand on the innovation and value that you expect from our software.

Luminate is committed to preserving the legacy that AQ’s founder Kent Motes started more than 28 years ago and to continue providing you with outstanding service and products. We do not take this role lightly. To carry on the founder’s vision, Kent Motes, Jr. and Alex Motes will maintain representation on AutoQuotes’ Board of Directors. Along with myself, Hollie Haynes, Scott Kingsfield and Sanjay Palakshappa from Luminate will join the Board as the majority shareholder.

What this means for our customers is that moving forward, we want to be more than a service provider to your business – we want to be partners. We want to hear from you as we begin the next chapter.  My immediate focus is to learn more about AutoQuotes and CaterQuotes and how we can better serve you. Your valuable input regarding what we can do better, what needs you have and how we can better fill any gaps that exist within the industry are key to our joint success. This input will also be instrumental in developing our long-term vision and finding the right person with the best-suited skill set to fulfill the role of CEO at AutoQuotes.

To support those efforts, members of our leadership team will join me in outreach calls and visits to our customers, industry groups and partners in the coming months. Also, our leadership team has planned a couple of ways to extend our outreach to our customer base:
  1. Watch a recording of my live webinar: https://www.youtube.com/watch?time_continue=3&v=AUNOeLa4c7U
  2. Visit us at booth #1496 at NAFEM in Orlando and connect face-to-face with the AQ team.
  3. Share your thoughts and ideas directly via email to marketing@aqnet.com.

Again, we thank you for being a valued customer and looking forward to connecting with you in the new year.

Sincerely,

Mark Haidet
Executive Chair
AutoQuotes

Official Press Release: https://aqnet.com/wp-content/uploads/2018/11/Luminate-Invests-in-AutoQuotes_JA113018-.pdf

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