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ADESA Company History

ADESA is a leader in the vehicle remarketing industry since 1989.

ADESA entered the wholesale auto auction business with two locations in 1989. In 1992, ADESA became a public company and operated as such until 1996 when the company was acquired by ALLETE, Inc.

In April 2007, ADESA was acquired by a private equity group, KAR Holdings, Inc., later known as KAR Auction Services, Inc. Since then, ADESA has diversified and grown the business, organically and through acquisition, into a leading vehicle remarketing company in North America, operating throughout the United States, Canada and Mexico.

Growth milestones


Opened new ADESA Canada headquarters in Mississauga, Ontario


Acquired Flint Auto Auction near Detroit

Opened new facility for ADESA Chicago

Acquired eight auctions from Brasher's Auto Auctions

Acquired Sanford Auto Dealers Exchange, renamed ADESA Orlando

Acquired GRS Remarketing Limited (GRS), a subsidiary of Greenhous Group Limited, in the UK

Acquired DataScan’s vehicle inspection business

Acquired auction facility near Pittsburgh


Acquired 50 percent stake in TradeRev

Opened new facility for ADESA Las Vegas

Acquired AuctionTrac

Acquired six auctions from Premier Auction Group
Opened ADESA Queen City in Cincinnati

Opened a new facility in Miami

Created new Dealer Services Division
Opened the first location in Mexico, an auction in Guadalajara
Built a new facility in Dallas

Built new ADESA Kansas City facility

Acquired Internet-based auction software company; renamed LiveBlock Auctions International, Inc.
Acquired two auction facilities from ABC Auctions, in Minneapolis and Nashville, Tennessee
Opened ADESA Raleigh in North Carolina
Acquired auction facility in York, Pennsylvania renamed ADESA PA

Acquired dent-removal company, Dent Demon

Acquired three used vehicle auctions located in Syracuse, New York, Fargo, North Dakota, and Sioux Falls, South Dakota
Acquired a used vehicle auction in Quebec City

ADESA acquired by a group of private equity funds, KAR Holdings, Inc.

Acquired N.E. Penn Salvage Company, an independently owned salvage auction in northeast Pennsylvania
Acquired a used vehicle auction in Sarasota, Florida
Opened new salvage auction in Syracuse, New York

Acquired three independent salvage auctions in the state of Texas, located in Houston, San Antonio and the Dallas/Ft. Worth area

Acquired four salvage auctions in Ohio known as the Ohio Connection
Acquired an independently owned salvage auction near Charlotte, North Carolina
Acquired a Washington, D.C. area used vehicle auction
Opened new salvage auctions in Connecticut and Florida

Relocated Calgary salvage auction to a larger site


Opened a salvage auction in Sacramento, California, co-located with ADESA

Relocated a used vehicle auction in Atlanta

Opened salvage auctions in Long Island, New York, and Fremont, California

Opened a new used vehicle auction in Long Island, New York

Acquired an independently owned salvage auction near Raleigh, North Carolina


Acquired eight salvage auctions from Auto Placement Center located in Rhode Island, Massachusetts, Maine, New Hampshire, Vermont and New York

Acquired nine used vehicle auctions from Manheim Auctions, Inc. as part of a required divestiture: Atlanta, Clearwater, Colorado Springs, San Francisco, Kansas City, Orlando, Phoenix, Tampa and Seattle

Acquired Canadian Auction Group, Inc., a used vehicle auction chain consisting of 13 locations in Canada: Calgary, Dartmouth, Edmonton, Kitchener, Les Cedres, Saskatoon, St. John's, Toronto, Winnipeg, Moncton, Hamilton and Vancouver


Acquired Impact Auto Auctions, Ltd., a salvage auction chain in Canada was acquired in four stages: 20 percent of the company was purchased in October 1995, 33.33 percent was purchased in each of March 1999 and January 2000 and 13.34 percent was purchased in May 2000. Impact Auctions, Ltd. consisted of nine auctions that are located in Calgary, Edmonton, Halifax, London, Moncton, Montreal, Ottawa, Sudbury and Toronto.

ADESA acquired AFC.

ADESA Corporation was incorporated in Indiana on October 4, 1991. ADESA, Inc., was incorporated in the state of Delaware on January 23, 2004. On May 24, 2004, ADESA Corporation, then a wholly owned subsidiary of ALLETE, was merged into ADESA, Inc., another wholly owned subsidiary of ALLETE. ADESA's initial public offering of 6,250,000 shares of common stock was declared effective by the Securities and Exchange Commission ("SEC") on June 15, 2004. On September 20, 2004, ALLETE completed the distribution of a stock dividend to all ALLETE stockholders totaling 88,600,000 shares, completing the separation of ADESA from ALLETE.