Carmel, IN – Monday, July 8th, 2024 – America’s Group announces the acquisition of Corpus Christi Auto Auction, marking another significant footprint in the company’s expansion strategy. This acquisition comes on the heels of the recent purchase of San Antonio Auto Auction, signaling a strong growth trajectory for America’s Auto Auction for the next 18 months.
Corpus Christi Auto Auction boasts a 20-acre facility complete with a four-lane auction arena, comprehensive reconditioning facilities, and mechanical services. The auction takes place every Friday at 10:00 AM.
“Acquiring Corpus Christi Auto Auction highlights our commitment to growth and excellence,” emphasized Chuck Tapp, CEO of America’s Auto Auction. “We are enhancing our service offerings and strengthening our presence in Texas to ensure our clients receive the best in auto remarketing services.”
BA&W Enterprises Ownership Group, the previous owner of Corpus Christi Auto Auction, expressed positive sentiments about the acquisition. They said, “The sale of Corpus Christi Auto Auction to America’s Group is not just a business transaction, but a merging of shared values. We are confident that it will continue to thrive and offer unparalleled service under the America’s brand.”
This acquisition underscores America’s Auto Auction’s ongoing commitment to growth and innovation. By consistently delivering exceptional service and operational excellence to dealers and institutional customers, America’s Auto Auction continues to solidify its leadership in the industry.
For more information about America’s Group and its comprehensive 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 quality service and operational execution for dealers and institutional customers.
America’s Group / America’s Auto Auction contact:
Melissa Miller, Director of Marketing