David Bauer Joins MBSi Corp. as COO

Auto industry veteran will lead MBSi’s business operations including product, technology and client services

FOR IMMEDIATE RELEASE

10/23/2018–PHOENIX, Arizona–MBSi Corp., the leading provider of repossession assignment software and vendor compliance solutions to the auto finance industry, brings on David Bauer as chief operating officer.

Bauer joins MBSi with 25 years’ executive leadership in the auto and insurance services industry. During his more than 15-year tenure as chief information officer at Copart, Inc. (NASDAQ: CPRT), Bauer designed and built enterprise systems including VB2, the patented live auction platform that helped Copart scale from 80 locations to more than 200 world-wide with a market cap now exceeding $11 billion. After Copart, Bauer took on the chief operating officer role at Snapsheet, one of the country’s fastest growing tech startups from 2013-2017. Snapsheet upended the insurance claims market with their virtual claims solutions and mobile apps. Under Bauer’s technical and operational leadership, Snapsheet scaled their innovative solutions and was able to grow from six employees to more than 400 in his four-year tenure.

“We are excited to onboard David to lead MBSi as we continue to deliver innovative solutions to our growing client base of national auto lenders and their service providers,” said Cort DeHart, president of MBSi. “David is an exceptional, seasoned leader who has both the technical experience and business acumen necessary to deploy and scale successful technologies to an industry that continues to navigate a changing compliance and technological landscape.”

In this role, Bauer will lead business operations, product strategy and customer support, delivering actionable intelligence and user-friendly software to lenders, national forwarders, collateral recovery agents and third-party service providers in the auto finance industry.

About MBSi Corp.

MBSi Corp. is the leading provider of assignment management software solutions to the auto finance and repossession industry. Our suite of repossession, vendor and compliance management platforms are used to manage more than 1,000,000 repossessions each year. Recovery Connect, MBSi’s asset recovery ecosystem, connects lenders with more than 2,000 repossession companies, national forwarders, LPR providers, training and compliance programs as well as third-party software platforms. Learn more at mbsicorp.com or watch the video.