America's Group Acquires Richmond Auto Auction
August 5, 2024
America's Group (America's Auto Auction) has acquired Motley's Richmond Auto Auction in Richmond, Virginia, expanding its coast-to-coast footprint to 41 auction locations. The seller, Mark Motley and his family, agreed to the sale after 34 years of ownership; the Richmond site will augment America's Group's dealer, fleet and government remarketing capabilities.
- Buyers
- America's Group
- Targets
- Richmond Auto Auction
- Sellers
- Mark Motley
- Industry
- Transportation
- Location
- Virginia, United States
- Transaction Type
- Buyout
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