XLerate Group Acquires Columbus Fair Auto Auction

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 Acquires Clark County Auto Auction

September 17, 2021

Automotive

Carmel, Indiana-based XLerate Group has acquired Clark County Auto Auction (CCAA), a third-generation, family-run dealer auction based in Jeffersonville, Indiana. CCAA will continue to be operated by Paul Fetter as general manager while XLerate integrates the location into its network of regional auction brands to expand its platform footprint in the Midwest.

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 (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.

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.