M&A Deal Summary

XLerate Group Acquires Greater Shreveport-Bossier Auto Auction

On September 9, 2021, XLerate Group acquired business services company Greater Shreveport-Bossier Auto Auction

Acquisition Highlights
  • This is XLerate Group’s 8th transaction in the Business Services sector.
  • This is XLerate Group’s 11th transaction in the United States.
  • This is XLerate Group’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2021-09-09
Target Greater Shreveport-Bossier Auto Auction
Sector Business Services
Buyer(s) XLerate Group
Deal Type Add-on Acquisition

Target

Greater Shreveport-Bossier Auto Auction

Shreveport, Louisiana, United States
Greater Shreveport-Bossier Auto Auction specializes in all aspects of automotive remarketing. The company focuses on the professional marketing of vehicles and prides itself on exceptional customer service. Greater Shreveport-Bossier Auto Auction is based in Shreveport, Louisiana.

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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 11 of 14
Sector (Business Services) 8 of 9
Type (Add-on Acquisition) 10 of 13
State (Louisiana) 1 of 1
Country (United States) 11 of 14
Year (2021) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-12 Liquid Motors

Richardson, Texas, United States

Liquid Motors offers the automotive industry comprehensive Internet marketing solutions designed to maximize lead generation. For automotive dealers, we provide a variety of software and services that create competitive advantages by generating and capturing more cost-effective Internet leads by utilizing a variety of online channels. Liquid Motors was founded in 2006 and headquartered in Richardson, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-17 Clark County Auto Auction

Jeffersonville, Indiana, United States

Clark County Auto Auction specializes in the sale of bank and finance company repossessions, lease remarketing, rental car fleets, new car dealership trades, used car dealership trades, donated vehicles, government vehicles, and corporate fleets. Clark County Auto Auction was founded in 1982 and is based in Jeffersonville, Indiana.

Buy -