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XLerate Group Acquires Auction in Indiana
Paul Fetter will continue the family legacy and will run CCAA in his capacity as general manager.
September 17, 2021
CCAA recently completed a world class 44-acre facility in 2018 which includes a five-lane service building and reconditioning center. The 40,000 sq. ft. main building includes a seven-lane sale arena, administrative offices, 100 seat restaurant called 8th Lane Grill, Digital Sales Network, and AFC – Automotive Finance Corporation, according to the CCAA website.
Photo: Clark County Auto Auction via Facebook
2 min to read
The XLerate Group announced has acquired Clark County Auto Auction (CCAA) in Jeffersonville, Ind., according to a Sept. 17 press release.
CCAA is run by the third generation of the Fetter family and is well known and highly respected by regional dealers and increasingly by national consignors.
XLerate Group now operates under 15 auction brands with fixed-site and mobile sales in California, Florida, Georgia, Illinois, Indiana, Louisiana, Michigan, New Mexico, Pennsylvania, South Carolina, Texas, and Wisconsin.
This acquistion is the third one for XLerate Group since July. The auction group bought the Greater Shreveport-Bossier Auto Auction earlier this month and Liquid Motors in July.
“The Fetter family has built an outstanding sale and legacy over the last four decades, capped off by the construction of a state-of-the-art auction campus in 2018,” XLerate's CEO Cam Hitchcock said in the news release. Paul Fetter will continue the family legacy and will run CCAA in his capacity as general manager.
CCAA has a large market presence in Indiana, Ohio, Kentucky, and Illinois.
Matt Fetter, principal owner at CCAA, said, “For 40 years, our business has had the pleasure of serving auto dealers in our region. Joining XLerate group and using their many resources will put CCAA in the best position to continue to serve and grow long term. Their commitment to the industry and focus on customer service very much aligns with our own views, which makes Xlerate a great fit for CCAA."
CCAA has dealer consignment and fleet/lease sales each Wednesday at its Jeffersonville, IN facility. The auction operates a seven-lane arena, reconditioning, and mechanical centers on about 55 total acres www.clarkcountyautoauction.com.
XLerate Group auctions are a leading group of independent auctions with 22 different simulcast online/physical sales combined with remote and off-site dealer sales, in California, Florida, Georgia, Illinois, Indiana, Louisiana, Michigan, New Mexico, Ohio, Pennsylvania, South Carolina, Texas and Wisconsin. wwwXLerategroup.com.
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