DALLAS–(BUSINESS WIRE)–Mar. 16, 2015– Today Dex Media, Inc. (NASDAQ: DXM) announced the sale of EveryCarListed.com (ECL) to a newly formed company EveryCarListed.com, Inc. The new entity is a Florida based LLC. The new entity is backed by a private financial firm and Tim Gamwell, a veteran of the auto dealer industry. He will serve as the new CEO. Jeff Noble will remain as president to guide the new organization from the Tyler, Texas office as new implementations and product offerings are slated for release in the coming quarters.
“This is a great fit for the ECL brand and we know they will thrive and grow in that environment,” Joe Walsh, Dex Media’s president and CEO said. “We wish the ECL team well and expect to hear great things about them in the future.”
The sale amount was undisclosed.
“We are excited to team up with a dedicated and committed staff of professionals at ECL,” said Tim Gamwell, CEO of EveryCarListed.com, Inc. “We believe the improved portfolio of products scheduled for integration will move ECL into a leading position in the market and provide dealers with fresh new solutions for lead generation and high conversion rates.”
The transfer of ECL’s assets is effective immediately.
Jeff Noble, ECL’s president, said, “This move is a great opportunity to provide dealers the services they need to grow their business.”
About Dex Media
Dex Media (DXM) is a full-service media company offering integrated marketing solutions that deliver measurable results. As the marketing department for more than 500,000 small and medium-sized businesses across the U.S., Dex Media helps them Get Found, Get Chosen and Get Talked About. The company’s widely used consumer services include the DexKnows.com® and Superpages.com® search portals and applications as well as local print directories. For more information, visit www.DexMedia.com.
Source: Dex Media, Inc.
Dex Media, Inc.
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