XLerate Group Acquires Clark County Auto Auction

XLerate Group Acquires Columbus Fair Auto Auction

October 28, 2019

Automotive

Huron Capital’s XLerate Group has acquired Columbus Fair Auto Auction (CFAA) from the Jacobs family. The add-on expands XLerate’s nationwide auction and remarketing platform, strengthening its Midwestern presence and capabilities to service fleet/lease and financial institution customers.

XLerate Group Acquires America's Auto Auction and Auction Credit Enterprises

December 30, 2021

Transportation

XLerate Group, backed by Brightstar Capital Partners, has completed the acquisition of America's Auto Auction (AAA) and affiliated financier Auction Credit Enterprises (ACE) from Trinity Hunt Partners and its co-investors. The deal, closed December 30, 2021 for undisclosed terms, combines physical and digital remarketing capabilities and financing services to create a larger nationwide vehicle remarketing platform operating across roughly 39 auction sites in 19 states.

XLerate Group Acquires Greater Shreveport-Bossier Auto Auction

September 9, 2021

Transportation

The XLerate Group has acquired Greater Shreveport-Bossier Auto Auction (GSBAA), adding the Shreveport, Louisiana-based dealer auction to its portfolio as part of its ongoing roll-up strategy. GSBAA will continue to be operated locally by Matt Chiasson as general manager while XLerate integrates the facility into its network to expand footprint and service offerings across the region.

XLerate Group (Huron Capital) Acquires Southeastern Auto Auction

January 14, 2019

Automotive

Huron Capital’s XLerate Group acquired Southeastern Auto Auction (SEAA), adding the Savannah, Georgia auction to its nationwide remarketing platform as an add-on acquisition. The deal expands XLerate’s footprint in the South Carolina/Georgia/Florida corridor and SEAA will be operated by Bill McCready as general manager under the XLerate platform.

XLerate Group (Huron Capital) Acquires Morton Auto Auction

January 14, 2019

Automotive

Huron Capital’s auction and remarketing platform, XLerate Group, has acquired Morton Auto Auction from the Krupa family in an add-on deal that expands XLerate’s Midwest footprint. Morton Auto Auction — founded in 1978 and employing over 100 full- and part-time staff — will remain led by existing operators while gaining XLerate’s digital and operational resources to drive additional volume.

Brightstar Capital Partners Acquires Majority Stake in XLerate Group

September 28, 2021

Transportation

Brightstar Capital Partners acquired a majority stake in XLerate Group from Huron Capital, with XLerate's senior management and Huron Capital retaining minority equity. XLerate, based in Carmel, Indiana, operates fixed-site, mobile and digital used-vehicle auctions across a multi-state footprint and will pursue further growth and technology investment under Brightstar's ownership.