XLerate Group Acquires Greater Shreveport-Bossier Auto Auction
September 9, 2021
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.
- Buyers
- XLerate Group
- Targets
- Greater Shreveport-Bossier Auto Auction (GSBAA)
- Sellers
- Steve Chiasson, Keith Hightower
- Industry
- Transportation
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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