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Improving Disruption
The injection of cash from Advent has not come at a better time for the company, who can use it to put additional resources into their platform and start to scale the company up. Eric Wei, an MD in the Advent technology investment team, says that "the automotive retail and dealer technology ecosystem is ripe for disruption. It has operated for too long with outdated technology and patchwork systems that fail to meet the needs of modern dealers and their customers" - a sure sign of his faith in the ability of Tekion to get things done.
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