M&A Deal Summary

XLerate Group Acquires Badger State Auto Auctions

On June 8, 2012, XLerate Group acquired business services company Badger State Auto Auctions

Acquisition Highlights
  • This is XLerate Group’s 1st transaction in the Business Services sector.
  • This is XLerate Group’s 1st transaction in the United States.
  • This is XLerate Group’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2012-06-08
Target Badger State Auto Auctions
Sector Business Services
Buyer(s) XLerate Group
Deal Type Add-on Acquisition

Target

Badger State Auto Auctions

North Fond du Lac, Wisconsin, United States
Badger State Auto Auctions, Inc. is a predominantly a dealer consignment auction offering traditional auction services in addition to ancillary services such as transportation, reconditioning, financing and title services.

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Buyer(S) 1

Buyer

XLerate Group

Carmel, Indiana, United States

Category Company
Founded 2010
Sector Business Services
DESCRIPTION

XLerate Group is an auction and remarketing facilitation company facilitating transactions between buyers and sellers at its Internet-enabled physical and private label remote sales in California, Texas, Florida, South Carolina, Michigan, Wisconsin, Georgia, Illinois, and Pennsylvania. XLerate Group was founded in 2010 and is based in Carmel, Indiana.


DEAL STATS #
Overall 1 of 14
Sector: Business Services M&A 1 of 9
Type: Add-on Acquisition M&A Deals 1 of 13
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 14
Year: 2012 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-01 Auctions In Motion

Westlake Village, California, United States

Auctions In Motion, is a provider of dealer consignment auction services.

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