XLerate Group Revenue and Competitors

XLerate Group Mission Statement We are XLerate Group Auctions, a leading nationwide auction and remarketing facilitation company. XLerate Group Auctions facilitate transactions between buyers and sellers at its Internet-enabled physical and private label remote sales in California, Texas, Florida, Michigan, South Carolina, Pennsylvania and Wisconsin. We sell over One Hundred and Eighty-Five Thousand vehicle transactions annually equating to $1 Billion in gross vehicle values. Sold mix is approx. 75% dealer consignment and 25% “institutional” consignment Our daily mission is simple and straightforward: provide the highest quality service and operational execution for dealers and institutional customers. Anything less is not acceptable. The auction industry is changing rapidly. We believe that scale and depth of resources are increasingly important for auctions in general and particularly for independent auctions. Along with successful dealer sales in our conventional auction lanes, we have established mobile and private-label sales to supplement buyer and seller needs. XLerate's online strategy supports our auction sales with simulcasting and easy access to multiple selling platforms. As part of XLerate Group Auctions, you'll have these resources at your disposal. XLerate's people are its most important resource, and we are invested in them and their families. Our employees are leaders in their communities and in serving our customers. Additionally we offer ancillary services including, transportation, vehicle inspection, title and payment processing, Internet Simulcast and multi-platform selling. Ownership: Huron Capital Partners and Management. Control transaction occurred May 2014.