ADESA announced Wednesday (Nov. 3) that it has acquired six used vehicle auctions from The Premier Auction Group (PAG). The locations include: Bay Auto Auction in Bay City, Mich.; Dealers Auto Auction of Michigan in Clare, Mich.; East Tennessee Auto Auction in Fall Branch, Tenn.; Montpelier Auto Auction in Montpelier, Ohio; Premier’s Las Vegas Auction in North Las Vegas, Nev.; and Wisconsin Auto Auction in Lomira, Wisc.
This acquisition of PAG’s auctions strategically complements ADESA’s dealer consignment initiative and strengthens the company’s footprint in Michigan, Tennessee, Ohio and Wisconsin, according to a news release. It also provides ADESA with the addition of a specialty sale less than two miles from the construction of the company’s new greenfield auction, ADESA Las Vegas.
“The acquisition of The Premier Auction Group demonstrates our commitment to increasing our dealer consignment business and enhancing the scale of our offerings to our national consignors,” said ADESA President and CEO Tom Caruso. “This acquisition, along with the construction of a new auction in Las Vegas, highlights ADESA’s focus on growing our position in the North American market.”
Over time, these six locations will be integrated into ADESA’s current infrastructure and resources, ultimately offering the full scope of ADESA’s product and service offerings.
To strengthen this transition, Bob Hubregsen, president of The Premier Auction Group, will serve as a vice president for ADESA. “I look forwarding to joining the ADESA team and continuing to offer the highest level of service possible to current and new customers alike,” said Hubregsen.
The Premier Auction Group will be adding to its chain of auction sites with a new dealers only site in North Las Vegas, Nev., offering auto, RV, marine and powersports auctions starting Oct. 9.
“This is our first venture out West and will be the largest Premier auction in the chain,” stated John Sullivan, vice president of PAG Investment Services, parent company of the Premier Auction Group. “We are very excited to open in Las Vegas. The location and attraction of Vegas presents an unlimited marketing strategy and great opportunity for us.”
Premier’s Las Vegas Auction is strategically located in the Las Vegas metro area, offering service to the entire Southwest region.
“The initial response from our customers and potential clients has been tremendous,” said Bob Hubregsen, president and owner of Premier. “Once again, we will be offering all of the services that our dealers expect, including live simulcast, in-house reconditioning, mechanical and transportation services with the personal attention that every Premier Auction is known for.”
Paul McRae, national accounts manager for Premier and general manager of Bay Auto Auction, will be managing the new facility.
“Paul has been with us since day one. His auction knowledge and expertise will make our October opening as seamless as possible for our customers,” added Sullivan. Matt Zientak, assistant general manager for Bay Auto Auction, will taking over the lead role at Bay.
Premier’s six-lane, 25,000-square-foot facility is located off Interstate 15 and is serviced by McCarran International Airport.
The Premier Auction Group consists of Bay Auto Auction, Great Lakes RV/Marine/Powersports Auction, Premier’s Las Vegas Auction, Montpelier Auto Auction of Ohio, Wisconsin Auto Auction, Western Wisconsin Auto Auction and East Tennessee Auto Auction.