M&A Deal Summary

Manheim Auctions Acquires Ready Auto Transport

On December 17, 2012, Manheim Auctions acquired transportation company Ready Auto Transport

Acquisition Highlights
  • This is Manheim Auctions’ 1st transaction in the Transportation sector.
  • This is Manheim Auctions’ 3rd transaction in the United States.
  • This is Manheim Auctions’ 1st transaction in Arizona.

M&A Deal Summary
Date 2012-12-17
Target Ready Auto Transport
Sector Transportation
Buyer(s) Manheim Auctions
Deal Type Add-on Acquisition

Target

Ready Auto Transport

Mesa, Arizona, United States
Ready Auto Transport is a provider of full-service transportation solutions for dealers, wholesale online auctions, physical auctions, institutional shippers, and consumers. Headquartered in Mesa, Ariz., Ready Auto Transport has served more than 18,000 satisfied customers across multiple markets with a highly qualified carrier network of over 30,000 trucks. Ready’s centralized service is backed by an experienced sales and operations staff, and a 24/7 Dealer Portal, providing instant firm quotes and real-time tracking of vehicle status.

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Buyer(S) 1

Buyer

Manheim Auctions

Leeds,, United Kingdom
Category Company
Founded 1948
Sector Internet Software and Services
DESCRIPTION

Manheim Auctions Ltd. is a provider of online tools that markets and sells vehicles, and retain customers for manufacturers, dealer groups, and dealers.

DEAL STATS #
Overall 4 of 4
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Arizona) 1 of 1
Country (United States) 3 of 3
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 1Dispatch.com

United States

1Dispatch.com is a self-managed auto transportation platform that connects shippers and carriers around the country. For increased efficiency, vehicle information from OVE.com and Simulcast Everywhere purchases is immediately available to transporters via 1Dispatch.com, which makes it easier for customers to ship inventory using a provider of their preference.

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