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ADESA Acquires Sanford Auto Dealers Exchange
2016-03-17 19:10:34| AutomotiveDigest.com - Automotive Industry News
ADESA has continued building its auction network through acquisitions, this time through an agreement purchase Sanford Auto Dealers Exchange (SADE) in Sanford, Fla. This location joins four other ADESA auctions in the region: ADESA Sarasota, ADESA Tampa, ADESA Jacksonville and ADESA Ocala. The auction will be renamed ADESA Orlando, and Mike Tumminello, president of SADE, will remain as general manager. The Article ADESA Acquires Sanford Auto Dealers Exchange appeared first on Automotive Digest.
Tags: auto
exchange
dealers
acquires
ADESA Acquiring Brasher Auctions
2016-02-18 19:14:51| AutomotiveDigest.com - Automotive Industry News
ADESA is acquiring eight auctions owned by the Brasher family, according to an announcement from ADESA parent company KAR Auction Services, Inc. The Brasher auctions are located in Salt Lake City, Sacramento, Portland, Boise, San Jose, Eugene, Ore., Reno, and Fresno. Brasher's key corporate and local auction personnel will maintain leadership roles across the Brasher auctions. Brasher's will be acquired for about $283 million in cash. The Brasher family had been instrumental in the formation of the ServNet independent auction network. The Article ADESA Acquiring Brasher Auctions appeared first on Automotive Digest.
Tags: auctions
acquiring
brasher
adesa
AIADA and ADESA Offer Webinar on Wholesale Inventory Management Solutions
2015-04-09 19:03:55| AutomotiveDigest.com - Automotive Industry News
AIADA and its Affinity Partner, ADESA will be presenting a free webinar titled Buy and Sell Wholesale . . . Without Leaving Your Desk! The webinar will take place on Tuesday, April 21st at 10:00 a.m. EDT and 4:00 p.m. EDT for This webinar is designed to provide franchise dealers and dealer groups with an in-depth overview of real life wholesale inventory-management solutions to increase profitability and boost inventory processes in their used-car departments. The Article AIADA and ADESA Offer Webinar on Wholesale Inventory Management Solutions appeared first on Automotive Digest.
Tags: management
offer
solutions
inventory
ADESA Adds to Offerings through Acquiring Vehicle Inspection Business
2015-03-26 17:01:41| AutomotiveDigest.com - Automotive Industry News
Not long after ADESA announced it was purchasing Pittsburgh Auto Auction, its subsidiary AutoVIN released news on the signing of a definitive agreement to purchase the vehicle inspection business of DataScan Field Services. This will expand ADESAs offerings to now provide all major leasing companies and auto lenders with inspection services. Clients can be sure their portfolios are being inspected and processed in a timely manner, the company said. The Article ADESA Adds to Offerings through Acquiring Vehicle Inspection Business appeared first on Automotive Digest.
Tags: business
vehicle
inspection
adds
ServNet Joins in Agreement with ADESA to Leave MPS Initiative
2015-02-26 02:15:04| AutomotiveDigest.com - Automotive Industry News
ServNet announced that it has joined ADESA in deciding not to participate in the remarketing industrys currently proposed Multiplatform Bidding System initiative (MPS). ServNet president Patty Stanley said that recent developments, technology challenges, and antitrust concerns had led ServNet to the conclusion that it would not be prudent to further pursue this initiative. The company agrees with ADESA that, as its currently structured, the proposed MPS would erode competition while increasing technology requirements and expenditures. The Article ServNet Joins in Agreement with ADESA to Leave MPS Initiative appeared first on Automotive Digest.
Tags: agreement
leave
initiative
joins