CARMEL, IN – ADESA, Inc. has sold ComSearch, Inc., a Rhode Island-based division employing about 100 people. ComSearch provides professional claims outsourcing services, including automotive parts-locating and desk-auditing services, to the property and casualty insurance industry.
ADESA acquired ComSearch in 2001 and has been operating the business under one of its subsidiaries, ADESA Impact. The buyer of ComSearch, CSI Partners, Inc., is a newly formed company led by Bob Lyons, Jr. and Ken Weiss. Lyons, who had owned and operated ComSearch prior to ADESA, has been overseeing the operation for the past year. Weiss, a key member of the ComSearch management team for more than 13 years, along with Lyons and other shareholders, have acquired all outstanding shares of ComSearch.