Carmel, IN – Monday, October 6, 2025 – America’s Auto Auction, one of the nation’s largest auto auction networks, is proud to announce the acquisition of Lake Charles Auto Auction, a respected, family-owned auction house that has served dealers across the Gulf Coast since 1991.
Founded by Mike Pedersen and later joined by his son Matt, Lake Charles Auto Auction has earned a loyal following thanks to its unmatched customer service, down-home hospitality, and commitment to technological innovation. With over 530,400 vehicles consigned, more than 291,000 sold, and over 1,400 active selling dealers, Lake Charles Auto Auction has grown into a key player in the remarketing industry—without losing its personal touch.
“Lake Charles Auto Auction is a perfect fit for America’s Auto Auction, not just in terms of operational excellence, but because of the strong community and customer-first culture the Pedersen family has built,” said Chuck Tapp, CEO of America’s Auto Auction. “We’re excited to welcome their team and customers into the America’s network and to help grow what’s already a thriving, trusted business.”
Now operating as America’s Auto Auction Lake Charles, the auction is in Lake Charles, LA, and runs every Wednesday at 10:00 a.m. CT. Inventory is sourced from fleet and lease accounts, repossessions, new car stores, independent dealers, and more. The auction features over 500 vehicles across six lanes and hosts INOP sales on the last Wednesday of each month.
Known for going the extra mile, the Pedersens often serve as their own auctioneers, offering what many in the industry say is a rare and refreshing level of direct owner involvement.
“I’m proud to announce the sale of my auction to America’s,” states Matt Pedersen, owner of Lake Charles Auto Auction. “God has blessed me to have spent most of my life building and branding this business alongside my father, Mike Pedersen. While it’s bittersweet, I believe there’s a season for everything. Looking back on the decades of goals achieved, employees who’ve become family, and cherished customers, I feel nothing but gratitude for all that LCAA has given me. It has shaped me in more ways than I can count. As we pass the torch to America’s, I’m confident the growth will continue and so will the opportunities for our employees and customers.”
This marks America’s eighth acquisition of 2025. America’s Auto Auction Lake Charles will continue delivering its signature Southern-style approach to doing business, while reflecting America’s Group’s ongoing commitment to serving customers with excellence, consistency, and care across every market.
For more information about America’s Group and its comprehensive auction and remarketing services, please visit www.americasaa.com.
About America’s Group
America’s Group (the “Company”) is comprised of America’s Auto Auction and AXLE Funding, leading nationwide vehicle auction / remarketing and floorplan finance companies.
America’s Auto Auction is a full-service used-vehicle auction services provider that facilitates the wholesale remarketing of used vehicles for B2B customers, delivering a critical liquidity function to enable the used car sales ecosystem. Based in Carmel, IN, America’s Auto Auction facilitates the selling and buying of used vehicles at 46 physical auction sites across 20 states as well as on digital platforms. The Company’s daily mission is simple and straightforward: to provide high quality service and operational execution for dealers and institutional customers.
America’s Group / America’s Auto Auction contact:
Melissa Miller, VP of Marketing