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KAR to Extend International Footprint with Acquisition of CarsOnTheWeb

Published: November 28, 2018

Digital Wholesale Auction Platform to Anchor Company’s European Operations and Expansion KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services company, announced it has reached a definitive agreement to acquire Belgium-based CarsOnTheWeb (COTW). The potential transaction is valued at approximately 91 million euros in cash and up to an additional 65 MORE >

KAR Fortifies Leading Asset Recovery Capabilities with Acquisition of Clearplan

Published: November 13, 2018

Digital Platform to Enhance Current Service Offerings Through Real-Time, Cloud-Based Data Delivery and Reporting    KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services provider announced the acquisition of Reno, Nevada-based Clearplan. Clearplan’s digital platform provides recovery agents, drivers, forwarders and automotive lenders a centralized, mobile, cloud-based hub for repossession workflow MORE >

PAR Sets New Industry Standard with Launch of Platinum Compliance Portal

Published: October 31, 2018

New Platform Raises Due Diligence Requirements to Most Extensive in the Industry PAR North America (PAR) launches its new web-based self-service portal with real-time access to PAR’s compliance data and the compliance data of more than 600 vehicle recovery vendors across the U.S. PAR is a leading provider of vehicle transition services in the U.S. MORE >

TradeRev Unveils New MOVE METAL® Service Options and TradeReady Seller Protection

Published: October 17, 2018

Customized Service Levels and No Arbitration Guarantee Help Dealers Save Time and Money TradeRev, North America’s leading dealer-to-dealer digital auction platform, announced the release of the company’s new MOVE METAL® service options for sellers. The offering includes three customized tiers ranging from self-service to full-service, all aimed at helping dealers sell unwanted inventory faster and MORE >

New KAR Global Headquarters and Campus in Carmel, Ind. On Track for Summer 2019 Completion

Published: September 26, 2018

Company Growth Fuels Need for More Technology-Focused Workers One year after announcing its $80 million investment in central Indiana, KAR Auction Services, Inc. (NYSE: KAR) today announced its new Carmel, Indiana-based corporate headquarters and campus is on track for summer 2019 completion. Construction of the 250,000 square foot office building featuring an open floorplan and MORE >