-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DHUfvK1vOTPP9WfjT2jk4Z60vUav2CFzD/uGdJMNr1YxHI6H86WHqTyEjhm0RhOi V4s7Nj3UkRN0LkhK4xZqvA== 0000950123-07-001508.txt : 20070207 0000950123-07-001508.hdr.sgml : 20070207 20070207140436 ACCESSION NUMBER: 0000950123-07-001508 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070201 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070207 DATE AS OF CHANGE: 20070207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DealerTrack Holdings, Inc. CENTRAL INDEX KEY: 0001333513 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 522336218 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51653 FILM NUMBER: 07587367 BUSINESS ADDRESS: STREET 1: 1111 MARCUS AVENUE STREET 2: SUITE M04 CITY: LAKE SUCCESS STATE: NY ZIP: 11042 BUSINESS PHONE: (516) 734-3600 MAIL ADDRESS: STREET 1: 1111 MARCUS AVENUE STREET 2: SUITE M04 CITY: LAKE SUCCESS STATE: NY ZIP: 11042 8-K 1 y30085e8vk.htm FORM 8-K 8-K
Table of Contents

 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): February 1, 2007
DEALERTRACK HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
         
Delaware   000-51653   52-2336218
         
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)
     
1111 Marcus Ave., Suite M04, Lake Success, NY   11042
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: 516-734-3600
Not Applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
ITEM 7.01 REGULATION FD DISCLOSURE
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
EXHIBIT INDEX
EX-99.1: PRESS RELEASE


Table of Contents

ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.
On February 1, 2007, 6680968 Canada Inc. (“Purchaser”), a subsidiary of DealerTrack Holdings, Inc., a Delaware corporation (the “Company”), completed its purchase of all of the outstanding shares of Curomax Corporation (“Curomax”) pursuant to that certain Shares Purchase Agreement, made as of January 16, 2007, among certain shareholders of Curomax and all of the shareholders of 2044904 Ontario Inc., 2044903 Ontario Inc. and 2044905 Ontario Inc. and Purchaser for a cash purchase price of approximately $44 million Canadian dollars (CAD). An additional $2.25 million CAD cash consideration may be paid out based upon the achievement of certain operational objectives over the next 24 months. The terms of the purchase are more fully described in the Shares Purchase Agreement.
ITEM 7.01 REGULATION FD DISCLOSURE
On February 1, 2007, the Company issued a press release entitled “DealerTrack Completes Curomax Acquisition” a copy of which is furnished with this Current Report on Form 8-K as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
     
Exhibit No.   Description
99.1
  Press Release dated February 1, 2007 entitled “DealerTrack to Acquire Curomax Corporation.”
 
   

 


Table of Contents

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 7, 2007
             
 
           
 
  By:   /s/ Robert J. Cox III    
 
           
 
      Robert J. Cox III    
 
      Senior Vice President,    
 
      Chief Financial Officer and Treasurer    
EXHIBIT INDEX
     
Exhibit    
No.   Description
99.1
  Press Release dated February 1, 2007entitled “DealerTrack Completes Curomax Acquisition.”
 
   

 

EX-99.1 2 y30085exv99w1.htm EX-99.1: PRESS RELEASE EX-99.1
 

Exhibit 99.1
(DEALER TRACK LOGO)
FOR IMMEDIATE RELEASE
CONTACT:
Liz Zale
DealerTrack Holdings, Inc.
(516) 734-3758
Liz.Zale@dealertrack.com
DEALERTRACK COMPLETES CUROMAX ACQUISITION
Lake Success, New York, February 1, 2007 – DealerTrack Holdings, Inc. (Nasdaq: TRAK), today announced that it has completed its acquisition of Curomax Corporation. Curomax, based in Toronto, Ontario, is a leading online financing portal in Canada.
“We are excited about this opportunity to combine the strengths of DealerAccess and Curomax to provide best-in-class technology and service for our Canadian customers,” said Mark O’Neil, chairman and chief executive officer of DealerTrack Holdings, Inc. “Dealers will benefit from a single point of entry with access to approximately 35 lenders, and we expect our lender customers will achieve greater operational efficiencies and lower operating costs.”
About DealerAccess Canada Inc.
DealerAccess Canada Inc., an affiliate of DealerTrack Holdings, Inc., is a leading technology solution provider to the automotive finance sector in Canada. Its innovative portal enables dealers to connect through the internet to multiple lending institutions that provide loans and leases to buyers at the point-of-sale. DealerAccess currently offers financing from 24 national and regional lenders. DealerAccess recently released an integrated subscription-based software product that enables dealerships to capture consumer leads from their websites directly into the portal. More information on DealerAccess Canada Inc. can be found at www.dealeraccess.com.
About Curomax Corporation
Curomax, a leading online finance platform in Canada, connects automobile, marine, recreational vehicle, motorcycle, power sport and home improvement dealers across North America to financial institutions and credit bureau providers through a single application over the Internet. Dealers can conveniently submit transactions to the lender of choice, obtain on-line, real-time credit decisioning, update deal status and produce all necessary loan or lease documentation through the Curomax portal. For more information, visit www.curomax.com.
About DealerTrack
DealerTrack Holdings, Inc. (Nasdaq: TRAK) is a leading provider of on-demand software and data solutions for the U.S. automotive retail industry. The company’s online credit application processing product automates and accelerates the automotive financing

 


 

(DEALER TRACK LOGO)
process, while its integrated subscription-based software enables dealers to receive consumer leads, compare financing and leasing options, sell insurance and other aftermarket products, document compliance, and execute financing contracts electronically. Over 22,000 dealers, with more than 85% of all U.S. franchised dealers; over 300 financing sources, including the 20 largest U.S. independents; and other service and information providers are active in the DealerTrack network.
Safe Harbor for Forward-Looking and Cautionary Statements
Statements in this press release regarding DealerTrack, the benefits of this acquisition and the combination of the Curomax and DealerAccess businesses, its growth prospects, and all other statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of DealerTrack to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements.
Factors that might cause such a difference include: the ability to retain Curomax’s customer base, the ability to integrate Curomax’s business, additional risks associated with international operations, and other risks listed in the Company’s reports filed with the SEC, including the 2005 Form 10-K. These filings can be found on DealerTrack’s website at www.dealertrack.com and the SEC’s website at www.sec.gov. Forward-looking statements included herein speak only as of the date hereof and the Company disclaims any obligation to revise or update such statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events or circumstances.
###

 

GRAPHIC 3 y30085y3008500.gif GRAPHIC begin 644 y30085y3008500.gif M1TE&.#EAU``K`.8``-GF\>KL[7F$B_W^_I:YV=S>X)NCJ4158.'K]++,XV=T M?5QJ8R+&XO:3"WKK1YHRRUGFGT*6MLM#4UO7X^ZO'X6B9R/7V]I6> MI$I99-78V^?IZ]CS8>1 MF&:9S-?D\%AF<(:MT%5E;IZ^W&69R86/EOK[^TA789_`WI":H.?O]L#5Z(F2 MF(Z7GF:9R5!@:_;W]V6;RD978UYL=_[^__[___[__O[^_/_^_O___O_^_?_^ M__[__?_^_/___?/T]$A98_?W^/GZ^$138&B:S/[^_?[^_O___R'Y!``````` M+`````#4`"L```?_@'^"?WZ%A8.(B8B'?4"*B'UC+Y.4E"`)5QMO1FQ]AX^@ MH8E^;F^58V]NHJN+A3@*L+&RLPH=K+>X@VTT%K%$JKF#AGYP;<;'R,EM`WY& MGZ!^"3`F#UQ#TUP<)D-,(#(#S,_!JW9N;`]#5D,)Q..@<7YL&$@'#`?W]WOW M]GL,##CN`@JSTZ9`DGH,"K0)&*=/FPD8(DJ<2+%B&5'1T#TP`6/(@P=F.`XQ MT^1#$&9L!(H:T&C&1A/L_*A$!,?/``SU\.5$R(">/X`SQ_EY,Z#`&7P%W,@4 MVH>&E)TZHTJM)T`4FP0/IIDP$Y*:F8\?*Q1IP3+H(T,?O[+K8_9/37GX_^PA MC,L3:-M;0XL>O%=`'"X_$7#XG$HX9PH'&*6%!9.@<8DL3;)VS")G@)R[D`J! M?9"@#YVV;/ST<8"C=.DI&F=-='A1:>^PKK1&+AQ%!#BA)P M?1`"0)SC1EI\H.*1&H)"S%@.>'.$!#AB-ON`,P*D3Y\6)$A`F1ZN9I_-"50Q M(PJ.#A0203R]$3V`#E$C;QK1Z?)Q&L<$(B;OBPP(PT MUFCCC0M0X`PG?OTAW%?%'1='91H0T!P,17CB1_\+GESQ00D>)""#!F\`$8YV M4"`P1@)@1/D!`D>P-$=HZ*DBAW;@B)%!"5N4\`$`1]CD3`QBR)#!G0-(($0) MC,D`!5EO4"`7@09Z0@0%B%[P0P`4&%`&#C[XQD8$/HA@``9AX-!!#5`4PD8X M\>P`@0@H/'I!`'W4X89!);912`&((NI#!#_HT($(:-`$A$TV509.'5;9-)UW M2@8W7)#'N3''`$)0P\<0'Z3B!Q``9$'-9C,DL(,1==0Q```@4+-52%9P80,` M7L3C1U8?I?<'$&X`@<863(!EPE8@(!"#E6\(H<16,)3`!`30@2V#S#''M,*^L\X))+0W"1U1,F*'$%6AYQI@H=+6Q`@&0?/3$# M%R:$L,,;1F>@A-U?<74M#""(8<0`$#LLB!^"]J2&3OX@@<7(/4&UCP4T(`V% M""ELK!,9$:A\@$)R^*'`X_9T$($?%QB``@03(#('@ATB<.?MN.>N>P8R2+`T M<4W'P>\5,(#$V71B5##-$"94$$(3USS0A`>B15`"]!M50,4V&PT10A#Q&._V M_Q_:>?`2-S908<9(#[RP065^?S4$!X%S!<(&T]&1.`7#L"&@/U.Q``M<4`6Y M?$$+*O`+@\A%(2[HPC[P(`)/#(`(C^H"#4;AAA*6 M@@`54((*5\C"%K;P!0#X';*&I!0$!.X!'B!!'THPA!F8H0(E```"9/`"L%3@ M/QHH@0T(4`0$`$`2&['"`Q#@G:R-SP\(4!])0'`%!%SA>AUIPC=:X#?N5<`# M0A@#`?+5!S?(86$#HL!Q9.*_W'P!`S<3@`(*<(,WT*`*23#`"%C``Q&L`2$6 M<$$?;F`!N>#!9A1`00,L``%/6)`O1RC#4^P1!B=XZO\&*R@`#9;R"#9(@`DF M6,)(N,+*5KIR(VD@@!=D&+PW^D$#9H#!5\!``B]4P`11&$()2&`'3\B@`N@P M00;:0)0(%$$3`P""$8X9/1F(QHKNZH,'9D"-+$B`%*(!P4=F0`#X*6$C`2/! M[#8@!I8`8W^(:`/#["$`-'C'!428@Q'.Y`(*',$[_9F`7-:@@CX0(2<,$$"< MWJ`_'K@Q97M)R`6^<`\U6,"3/0K%#3R0ALUX]*-@T:48E9:('P%/2'#PA`2N M909>BB$D:3`!`$1CDPB($R1;^,YUF)$T,111EQFX9O'&%X$LS$"7)0#'`%+Z M`29\A0DG\5M:`*`=0[A3$/#_U(6@$9^[]EJP+=QILAGPP#FIH0$Y ME)%Y5()."=N(U3C&@G%8JAZ-/F/8QC;&X`89F`#+)6B,JE<]!B\00%Q-V(*J M2Z"\*#P@J`,H&`PZXP<)V(`C#R#`JH>=`/$T^`$:8,,<$/\1APK7^;9X'@40 M&GF/,V2J-!@H+AQ$@`\+[`!4&2((J^2"!8K>8P$8!' MYES2LP#P8<$$/2*K.@`;"A!2$8B0D(L`$T2>`%[<4U.OR: M@&ANX`5FX.8')!3-%"G59U!8LX.5S6QG'T!Q?Y!GM!$1F@0RX`L=0$.*6C"" M19?5#SK(20_ZPBM>B?LH]D@!!:AM#QPD2-V"X,%M/*>;?21TT[GHM)7HX`<2 M-'5L0VCG!A3R0#;&B#2^Y5@AOX MX0;AJ@8(--`"LN!'`V*0)AM`!BR`&O9PR_3=(4A``,`#'@A#<632V;S`.K`!1D'`U20)/&0`9'!!6G0 M#6"P!7QE_P944`)&T`&XC0#7' ME1-?L`86D`*;UP7_9$'^4`.B<0)KL&@,<`&[4EV"X`##=8B(B(@NX%:YD!%M MXU'<5#Q3\`$WP%,1,#>Z!!+K@SCPP;.0`%'<6X\8#2(X`R=4&.L``=X]?\&;]2("7!J M6_%1!F,#0F`$4)`?VG$"UT,W'U%?X.<,UM,$7\$%*5@!4V`&:;`$^]4'03`& M[#(-(%`U5\-E`+<15"`#)P$$960"7.!FND<(GB$@2(`$C:84,L$XBV:&S%8' M/U!`"%4/J>>&"^($`O`%]*!Y];`&DT>--5`?@($:2&`/79`NHX!TJP`=H3$; MM]`'S1<"-G"42!D"+P`"7N<=^=$&VJ&0(!`"*:0$-O`"'Z`)PA(!0@`"-E`! MSD,`5T``2"D#A^,M[6>4(;`%4+`KV/<"55D!4TA%;?0&1&24-O!@=M`*PN,` M-*(`744(,N&7,Z(`(X0(TR$'3B`""H#_!6?0`#T0!BI`(W9%"G4@!V@P`1:` M!4EP!EJ@`#C@`GY0!S2@`#1"`VX@(4`P`CWPEQ!06((9F[<0E#ZY"O@F`>*G M`;JYFQMP`Y_2`IVR+YX`!'40`T&@`=J5?/=!!S$@&FU``MB%`!H0!$"@`>(G M`1%P'_"B!]8I`3N`8D;`3MK5F\G!*Q%@G=9Y`[35"GYP`BOPGB["(86`!O"Y M`GH`(PQ2"#]``Z(4`%X`2N\9`!%00C9!%&A`!`4@2D[PCA+B!?6I!ST(!$#@ M!0%0GW<`CL*0V@I.&F=&PUR$$`=[V:,+80C'(0J=XFJ=ZNJ=\VJ=^^J>`&JB".JB$6JB!VJ;'<'0Z M`V<-I&Q*(:2\Q3(W]J-H:C0[XQ:(%Z;$T*2%X*(F<@@RX2IQ8`Q&TZ(MFG\- M1`@MBGA?J"XIMQ"BNCCQH*1IBJ:-:B+$?]V4FH( MSD`0H\DR_"$LAF`?')YU-H'S(6O`!5-NU('PBA-".)6 M\$>MVNH'^Z$AAX:L0YE9+#`!FA(`;V09X.!&M%Y`$/.!59S(,^3'_%"/*M*O`!BL@!6>@`Q"``R)V M!/1Y`F_P`RM0!_09`"J`!CXS``XP`2[B(@7``F@@!^YY!ZF;!]SA!C7``P$` M!*`4`'``!4X@H#=0`R-`!#<0`9HT*Z7;"!%``SQ`LV^PNT?``@6P.H?0$'T0 M`&N`!2-@>1;`$K.+*H"Q`FC0!G<0`,&[`B[``C^P*_/Q`RK`AZ*1!\Z;@`%W@P"B`!A4L`!A\`G=@``K0`Q;0`3O`P1$0`!C0!2L`PK`@ M`BS0`&K0`RP@P0.0_T&P(``7X`>:F0.P@`.[XA;9$0,4H`8 MP`(*D'L=(``!P,2]H`.>0`@>0(N@`(]``L',`(N$`8BK$<#A`(W/$H) MZ[_04&)F50@BP`"(<@`4(`H!3'JL:*P`9O#,'>8?\` M<"P@_)-M_L,`.L`SQE`&?JP&$%`'?0S-!^`#=_#.57``1-`'.I`$.%`##>`H M>.`"4,`#KY`""]`'*)!A?=#'>&L!1'",#.``IGRS.`$=UT$(`^`#6*``+($3 M1/`&%R#'M4P!MYS+(X`$YSP=;J`":[``78`:(H`!C@S`##`",.T#^C/3Q"P` M5;`&:Z!@!6J0!!H#DA2@HS7AVJT= MVR-@U0V.&E^`!UUM!'F@!3U0`WWP`UB`!PVPX4[0`?5P`VARZQWP$*T:XN4)`J1FRQ_-IA3Y%QJ>$:\P.PSQ%'<;0JR?H2&N`K>B 7H1,DT]ZJ?L`#FVF:`J!('GGL9A$(`#L_ ` end
-----END PRIVACY-ENHANCED MESSAGE-----