KAR Auction Services, Inc. (NYSE: KAR) announced Friday that its subsidiary, ADESA, Inc., has successfully completed the acquisition of eight auctions owned by the Brasher family and includes its floorplan financing business. The eight locations will be renamed: ADESA Salt Lake, ADESA Brasher’s (Sacramento), ADESA Portland, ADESA Boise, ADESA San Jose, ADESA Northwest (Eugene), ADESA Reno and ADESA Fresno. Brasher’s key corporate and local auction personnel will maintain leadership roles across the Brasher auctions.
“Finalizing the acquisition of these eight auction sites is great for our customers and our employees. It allows us to provide an even wider assortment of