Carmel, IN and Dallas, TX, February 24, 2022 – XLerate Group (XLerate), the parent company of America’s Auto Auction, Auction Credit Enterprises (ACE), XLerate Auctions and XL Funding (XLF), has named Chris Burton President of Auction Credit Enterprises and XL Funding, bringing both floor plan finance companies under common leadership. Burton previously served as Chief […]
Read more
Carmel, IN, March 2, 2022 – XLerate Group (XLerate), the parent company of America’s Auto Auction, Auction Credit Enterprises (ACE), XLerate Auctions and XL Funding (XLF), has named Laura Taylor, John Swofford, Jason Nichols and Brian Thomas as senior vice presidents. The four new SVPs will join the leadership of the current executive team: Cam […]
Read more
Carmel, IN and Dallas, TX, December 22, 2021 – XLerate Group (“XLerate”), a leading nationwide vehicle auction and remarketing company owned by affiliates of Brightstar Capital Partners (“Brightstar”), announced today that it has signed a definitive agreement to acquire America’s Auto Auction (the “Company”), another leading vehicle auction provider. The strategic combination of XLerate and […]
Read more
New York and Carmel, IN , September 28, 2021 – Brightstar Capital Partners (“Brightstar”), a private equity firm focused on partnering with families, founders, entrepreneurs and management teams, announced today that it has completed its acquisition of XLerate Group (“XLerate” or the “Company”), a leading nationwide car auction and remarketing facilitation company, in partnership with […]
Read more
Jeffersonville, IN and Carmel, IN — The XLerate Group announces the addition of the newest member to its auction family with the acquisition of Clark County Auto Auction (CCAA). CCAA is run by the third generation of the Fetter family and is well known and highly respected by regional dealers and increasingly by national consignors, […]
Read more