“It turned evident that our prospects are asking about this stuff and so they’re actually making an attempt to determine it out,” Walsh stated. “They’re making an attempt to be sure that they’re compliant and that they are secure, and that is once we simply noticed a must get into an space that we have by no means actually gotten into.”
Proton, primarily based in Raleigh, N.C., and based in 2014, presents dealerships a slate of cybersecurity instruments, reminiscent of outsourced IT departments, safety operations facilities, distant assist desks and on-site assist groups.
Founder Brad Holton is the only proprietor, and he stated he intends to proceed to steer Proton for the long run beneath the Reynolds umbrella.
Proton has about 600 dealership purchasers, 98 % of that are franchised, Holton stated. Walsh stated there’s a lot of room to develop Proton’s services throughout the Reynolds buyer base, possibly even to “100 %” of it. Reynolds does not disclose the variety of its dealership prospects.
This 12 months, Walsh stated Reynolds would step up its acquisition activity and construct out its product portfolio.