Trader Media Group (TMG) has bought data analysis and market intelligence provider Deltapoint Associates Limited for an undisclosed sum.

TMG and Deltapoint have worked together since 2009 on vehicle valuation solutions for the retail, manufacturer, fleet and leasing sectors.

Deltapoint will remain a stand-alone business division within TMG.

Tim Peake, group strategy director at TMG, said: "Deltapoint is clearly way ahead when it comes to data analytics and market intelligence.

"We have been very impressed with the skills and experience of the Deltapoint staff during the last three years. Deltapoint will now have access to TMG’s consumer and trade data, including all of its retail pricing data, enabling Deltapoint to help our customers improve their profitability through industry-leading market insight and new automotive intelligence products."