Dealers Auto Auction Group (DAAG) has purchased Rea Brothers Mid-South Auction, creating one of the largest independent wholesale auto auction groups in the U.S., according to a company announcement.
In total, DAAG now operates six auction locations. Apart from the recent acquisition located in Jackson, Miss., the group also operates locations in Murfreesboro, Tenn.; Memphis, Tenn.; Chattanooga, Tenn.; Huntsville, Ala.; and Mobile, Ala.
“The Rea family built a state of the art facility and assembled a dedicated and hardworking staff. DAA looks forward to bringing its skills and enthusiasm to take the Jackson, Miss. location to the next level. This deal will allow more dealers, fleet and commercial customers in the southeast to benefit from DAA’s dedication to making the auto purchasing and resale market efficient, friendly, and profitable,” said David Andrews, DAAG founder and CEO.