Repairify and Capricorn agree Australia/New Zealand joint venture

Repairify Australia Holdings Pty Ltd and Capricorn Society Limited have entered into a joint venture agreement to deliver “leading-edge remote automotive repair solutions to repairers across Australia and New Zealand”. Repairify and Capricorn have equal ownership of the joint venture, which will be branded as Repairify and distributed across Australia and New Zealand by Capricorn through the Capricorn Preferred Supplier Network.

According to the two companies, the joint venture will provide world-class remote automotive repair solutions to Australian and New Zealand automotive service and repair businesses, enabling them to increase productivity. Both companies report that they are looking forward to introducing innovative products and services that address the diagnostic and repair requirements of the Australian and New Zealand automotive aftermarket.

“Repairify is excited to enter this strategic joint venture with Capricorn. We see a huge opportunity to support Australian and New Zealand repairers as global technology evolves. We are keen to introduce our proposition to the market,” said Cris Hollingsworth, president – Repairify Global Holdings, Inc, adding:

“Capricorn is the ideal choice for this venture due to their unparalleled position in the marketplaces in Australia and New Zealand. We‘re highly confident that the combination of Repairify products and services and the Capricorn network will rapidly accelerate the distribution of the right technology to ensure that the market can undertake and complete complex vehicle repairs.”

According to Capricorn Group Chief Executive Officer, David Fraser, “Being able to efficiently and effectively diagnose and calibrate remotely connected vehicles is imperative to the long-term business success of the smallest to the largest automotive workshops across Australia and New Zealand.”

“We are delighted to have formed this joint venture with Repairify who have built a strong reputation across the world for their patented technology and experience, sharing the same commitment to the success of the automotive aftermarket repair and service industry.”