This was the official internal notice sent to the staff of America’s Group and AuctionVcommerce announcing the deal on Jan. 17, 2025.
Graphic: AuctionVcommerce
America’s Group acquired AuctionVcommerce (AVC), an modern technology platform for auto auctions, in a deal announced Jan. 17.
With this strategic acquisition, America’s Auto Auction will integrate AVC’s platform to reinforce operations and supply a streamlined auction experience for its dealer network. This integration will enable dealers to more efficiently access a myriad of auction tools and services.
AuctionVcommerce is an all-in-one platform created to rework how dealers interact with auctions. Designed as a centralized hub, it connects dealers to multiple auction platforms. It offers a collection of features that simplify the checkout process, relay payment options, track service status, and facilitate dealer requests for reports and gate passes.
Beyond simplifying processes, AVC elevates the consignment experience, delivers seamless access to key industry resources and tools, and provides dealers with the identical service and support they’d receive in person.
“AuctionVcommerce was established to empower independent auctions to compete effectively within the digital space,” said Kelly Bianchi, president of AuctionVcommerce, in a news release. “This acquisition strengthens our foundation, enabling us to reinforce current initiatives and broaden our vision.”
Chuck Tapp, CEO of America’s Auto Auction, views this acquisition as a serious move towards enhancing customer support. “With AVC’s platform, we’re equipping our customers with the tools they should operate [with further success]. It’s now easier to satisfy the shopper’s needs in today’s fast-paced auction industry.”
America’s Group consists of America’s Auto Auction and AXLE Funding, which incorporates nationwide vehicle auction, remarketing, and floorplan finance firms.
Based in Carmel, Indiana, America’s Auto Auction is a full-service used-vehicle auction services provider that permits the selling and buying of used vehicles at auction sites across 19 states and on digital platforms.
This Article First Appeared At www.automotive-fleet.com
