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XLerate

XLerate Acquires Auctions in Georgia, Illinois

The XLerate Group has acquired Southeastern Auto Auction in Savannah, Ga., and Morton Auto Auction in Morton, Ill., the auction provider has announced. The group now operates 20 auctions in eight states.

XLerate Group Hires Two General Managers

Ryan Rickey will serve as general manager for XLerate’s Your Auction in Florida, while Michael Schuler will assume that position at Pennsylvania's Corry Auto Dealer Exchange.

XLerate Taps Industry Veteran Stevens as COO

The XLerate Group has named auction industry veteran Pat Stevens as its COO. Stevens has worked in the auto auction industry for over 20 years, 14 of which have been in executive management positions.

In Memoriam: Former AFLA President McNulty

Jim McNulty, past president of the Automotive Fleet & Leasing Association (AFLA) and more recently the owner of Lone Star Auto Auction in Lubbock, Texas, passed away on March 9, 2017, from complications of esophageal cancer.

XLerate Acquires Pa. Auction CADE

The XLerate Group has acquired Corry Auto Dealers Exchange (CADE) from Merle Swift, which marks the group's entry into the Pennsylvania auction market, the company has announced. Terms were not disclosed.

XLerate Group Receives Auction Safety Award

The National Auto Auction Association awarded XLerate Group Auctions with the Warren Young Scholastic Foundation award that signifies the auction group’s participation in the NAAA’s Auction Safety Certification and Lane Safety training program.

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