APCO Holdings, Inc. Acquires Automobile Development Group (ADG)

Norcross, Georgia - APCO Holdings, Inc. (APCO), a leading marketer and administrator of aftermarket benefits sold by franchised and independent auto dealers throughout the U.S., announced that it has acquired 100% of Automotive Development Group, LLC (ADG) from The Zabel Companies, LLC. Following the transaction, ADG's senior management will remain shareholders and the company will continue to be operated as a separate business operation with the current management team remaining in place.

"ADG has been an intricate and an important part of APCO and our EasyCare brand's success since 1992 and they have been our largest independent agency for seven of those years, including the last two. Their biggest asset is their people. Greg English, Brad Tyson, John Hensley and their team, deliver outstanding results for the automobile dealerships they work with. They truly focus on helping others succeed and their service mentality and responsible business practices really fit our APCO core values. We are thrilled to have them be officially a part of our company" said Larry Dorfman, Chief Executive Officer of APCO. "Working together as full partners we can leverage all of the capabilities of the companies to deliver more to our customers and shareholders."

"APCO and EasyCare have been a significant part of our success over the years and our relationship has gotten stronger as we continue to realize the positive impact we can have on the consumer and dealership experience when we work together", said Greg English, President of ADG. "With APCO's vision and resources, and our exceptional team of in dealership performance drivers, we know we can really help our current and future dealers achieve more."

Rich Jones, Vice President of The Zabel Companies, said; "We have enjoyed a terrific partnership with the ADG team over the past couple of years. Greg and the entire team are true professionals who have delivered outstanding results and we appreciate their efforts. We know this opportunity to become a part of APCO and EasyCare is a great next step and will allow ADG to continue to grow and reach its full potential. We wish them continued success in the future."