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ParkerGale Capital invests in DealerBuilt

Chicago-based private investment firm ParkerGale Capital provided capital and additional resources to LightYear Dealer Technologies LLC to help the latter advance its growth and innovation in the automotive sector.

Doing business as DealerBuilt, LightYear provides dealer management systems for retail automobile dealerships out of its offices in Mason City, Iowa, and Grapevine, Texas.

Presidio Technology Partners LLC was the exclusive financial adviser to DealerBuilt.