
Copart to Acquire ACV in $1.9 Billion Deal
The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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VP of client services Joe Miller, who has been a steady presence at industry conferences and events, takes on added roles at the auction data and management company.
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The pilot program goes national to give clients more detailed vehicle information to make smarter buying decisions.
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A two-day auction event and party at the Baltimore-area operation will include the season’s largest consignment of vehicles that will run across 10 lanes.
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Keely Smith builds on 20 years of experience handling billing, compliance, and agreements as well as her involvement with the International Automotive Remarketers Alliance.
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Three months after acquiring America's Auto Auction, XLerate Group is promoting, moving, and hiring leaders throughout the partnered companies.
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The three general managers have proven records of success and experience in their regions that include Virginia, North Carolina, and New England.
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Executive director Chris Angelicchio brings the benefits of lifelong experience and family ties with independent auctions.
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The consulting company will help the six-decade, North Carolina-based auction operation reach more buyers and sellers while offering improved services to new and used car dealers and commercial accounts.
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Combined sales into large rental, commercial, and government buyers were down 30% year over year in February. Sales into rental were down 52% YOY.
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The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
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