Fenwick is representing Salty Dot, Inc., an embedded insurance technology platform, in its definitive agreement to be acquired by CDK Global Inc. (Nasdaq: CDK), a leading automotive retail technology company.
Salty’s technology platform gives consumers a seamless way to buy car insurance. It will expand CDK’s suite of digital offerings and grow its market beyond the digitization of traditional car dealer workflows. More information can be obtained from the companies’ announcement.
The Fenwick transaction team includes corporate partners Ryan Slunaker and Kris Withrow and associates Jeff Zhang, Brendan Montgomery, Anja Kong and Peter Li; executive compensation & employee benefits partner Marshall Mort, counsel Jane Piehler and associates Christophe Delrieu and Jonathan Stephenson; technology transactions partner Ralph Pais, associates Ana Razmazma and Ali Kongats; and tax partner William Skinner and associates Michael Knobler and Sean McElroy.