ADESA Acquires Used Vehicle Auction
March 18, 2015
CARMEL, Ind. — ADESA, a business unit of KAR Auction Services, has expanded its presence in the Pennsylvania auction market with the acquisition of Pittsburgh Auto Auction in New Stanton, Penn. This location joins two other ADESA auctions in the region, ADESA Pittsburgh and ADESA PA.
The 200-acre facility is conveniently located on the southwest side of Pittsburght. This established auction offers seven fully automated auction lanes and full-service reconditioning facilities including a body shop and mechanical shop.
“This acquisition demonstrates our continued commitment to grow our physical auction business and expand our geographic footprint,” said ADESA President and CEO Stéphane St-Hilaire. “I look forward to working with the experienced staff at this location to continue the level of service they have provided for more than 35 years.”
Chris Angelicchio will continue as general manager of the auction. And Dave Angelicchio, former NAAA president and CEO of the auction will serve in a consultant capacity.
“It has been a great experience working with ADESA,” said Dave Angelicchio. “And I am confident that ADESA will maintain the personal level of dedication and involvement we have had for our employees and our customers for more than three decades.”
This acquisition bolsters ADESA’s presence in the eastern region and complements the company’s current buyer base. This facility has served customers in the area since 1978 and has conducted a weekly sale every Tuesday and a biweekly GM closed sale every other Thursday.