The latest acquisitions news from the USA;
The U.S. market is the world’s biggest market for mobility services – one of five passenger cars worldwide is sold in the United States. The demand for car-related services like roadside assistance is rising due to the aging vehicle fleet, which leads to more repairs and breakdowns. Additionally, the complexity of new car technologies requires professional handling, driving the need for expert support in the event of issues.
Bosch Service Solutions plans to further expand its mobility service business in the U.S. by acquiring Roadside Protect, Inc., headquartered in Itasca, Illinois. The company employs around 200 people. Bosch and Roadside Protect signed contracts for the acquisition on January 31st, 2025 after having received approval by antitrust authorities.
The amount of the purchase price was agreed not to be disclosed.
Founded in 2002, Roadside Protect is a strong provider of towing and roadside administration services along with motor club products in North America to fleets, automotive manufacturers, aftermarket, and insurance clients. It handles breakdowns, recall administrations, claims processing and other services for passenger cars up to heavy duty vehicles.
“The acquisition is a strategic component for further expanding the services we offer in the North American market. Roadside Protect operates a digital platform through which it manages its partner network of more than 12,000 towing companies in the U.S. and Canada,” says Henning von Boxberg, president of Bosch Service Solutions.
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