Carmel, IN – Monday, June 17th, 2024 – America’s Group, a leading nationwide vehicle auction and remarketing company, proudly announces its acquisition of San Antonio Auto Auction. The auction, known for their comprehensive services, expand America’s Group’s footprint to 39 auctions across 19 states, spanning digital and mobile sales platforms.
San Antonio Auto Auction spans 44 acres and features a 6-lane arena, reconditioning facilities, and mechanical services. It conducts a dealer consignment and fleet/lease sale every Tuesday at 9:00 AM. This family-owned and operated auction has built a sterling reputation for unwavering quality in the automotive industry.
This acquisition cements America’s Group’s status as a premier auction and remarketing service provider in the U.S. Chuck Tapp, CEO of America’s Group commented on the acquisition, “The addition of San Antonio Auto Auction to the America’s Group family underscores our commitment to expanding our reach. We look forward to maintaining the high standards of service and operational excellence they are known for.”
The BA&W Enterprises Ownership Group, owner of San Antonio Auto Auction, expressed their enthusiasm about the acquisition, stating, “We are delighted to announce that a company whose core values and ideals closely align with ours is acquiring one of our auctions. Their strong emphasis on customer service and dedication to investing in their employees mirror the principles we have always cherished. This acquisition marks the beginning of an exciting new chapter, where our shared commitment to excellence will undoubtedly continue.”
Today’s announcement marks a significant milestone in America’s Group’s growth journey. The acquisition of San Antonio Auto Auction reinforces America’s Group’s goal of driving success and satisfaction in every transaction.
For more information about America’s Group and its auction and remarketing services, 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 high quality service and operational execution for dealers and institutional customers.
America’s Group / America’s Auto Auction contact:
Melissa Miller, Executive Director, Marketing