KAR Global has agreed to buy Carwave, an online dealer-to-dealer marketplace, in an all-cash transaction valued at $450 million. KAR, which owns auction giant ADESA, said in a release Monday that the ...
KAR Global said Thursday it has completed its $450 million all-cash purchase of CARWAVE. The purchase of the online wholesale platform, initially announced in August, adds to the company’s “fast ...
KAR Auction Services Inc (NYSE: KAR) is set to acquire CARWAVE Holdings LLC, an online dealer-to-dealer marketplace, for $450 million. CARWAVE was founded in 2009 in California and currently serves a ...
About a decade ago, John Lauer watched as his brother, an independent dealer, and others traded used cars at a physical auction. The then-retired Microsoft executive spotted pain points as dealers ...
(MENAFN- GlobeNewsWire - Nasdaq) itemprop="articleBody">ESCONDIDO, Calif., Feb. 11, 2019 (GLOBE NEWSWIRE) -- The Dealers' Forum, a leading online automobile auction platform, today announces a ...
- Proposed transaction will complement KAR's dealer-to-dealer offerings with a leading platform in California -- the nation's largest automotive market - With the addition of CARWAVE's scale and ...
CARMEL, Ind., Jan. 23, 2023 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a/ KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the integration ...
KAR Global said Monday that its CARWAVE and BacklotCars products have integrated into a single digital platform, which is hosted on BacklotCars. The platform offers both a live auction (currently held ...
CARMEL, Ind., Oct. 14, 2021 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, has completed the ...
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