Carmel, IN – Tuesday, August 27th, 2024 – America’s Group, the parent company of America’s Auto Auction and AXLE Funding, has announced its acquisition of Z66 Tulsa Auto Auction. This development marks the fourth major acquisition by America’s Group in recent months, reinforcing its position as a leader in the auction and remarketing industry.
Z66 Tulsa Auto Auction, based in Oklahoma, operates from a 29-acre facility featuring a 7-lane auction arena, state-of-the-art reconditioning facilities, and mechanical services. The auction is conducted twice a week, every Wednesday at 12:00 pm and Friday at 11:00 AM.
Chuck Tapp, CEO of America’s Auto Auction, commented on the acquisition, stating, “The addition of Z66 Tulsa to our portfolio not only expands our inventory offering but significantly strengthens our presence in Oklahoma. This move underscores our commitment to delivering unparalleled auto remarketing services to our clients, ensuring they receive the highest level of service and support.”
The move also marks a new chapter for Z66 Tulsa Auto Auction. Dr. Robert Zoellner, the former owner of Z66 Tulsa Auto Auction, expressed his confidence and gratitude, “After 11 successful years, I am proud to entrust Z66 to America’s Auto Auction. I am confident that they will continue our legacy of caring for our employees and customers. I extend my heartfelt thanks to everyone who contributed to making Z66 the success it is today.”
America’s Group continues to set high standards in the auction industry. This acquisition will enable the company to further deliver on its promise of quality service, while also expanding its footprint across the United States.
For more information about America’s Auto Auction and its expansion, please visit www.americasaa.com.
About America’s Group
America’s Group (the “Company”) is comprised of America’s Auto Auction and AXLE Funding, leading nationwide vehicle auction / remarketing and floorplan finance companies. America’s Auto Auction is a full-service used-vehicle auction services provider that facilitates the wholesale remarketing of used vehicles for B2B customers, delivering a critical liquidity function to enable the used car sales ecosystem. Based in Carmel, IN, America’s Auto Auction facilitates the selling and buying of used vehicles at physical auction sites across 19 states as well as on digital platforms. The Company’s daily mission is simple and straightforward: to provide quality service and operational execution for dealers and institutional customers.
America’s Group / America’s Auto Auction contact:
Melissa Miller, Director of Marketing