TradeRev Launches Aggressive Expansion into United States Dealer-to-Dealer Market

For Immediate Release
Analyst Inquiries:
Jonathan Peisner
(317) 249-4390
jonathan.peisner@karauctionservices.com

Media Inquiries :
Darci Valentine
(317) 249-4414
Darci.valentine@karauctionservices.com

TradeRev Launches Aggressive Expansion into United States Dealer-to-Dealer Market
TradeRev expands its footprint in the Carolinas and Florida.

TradeRev, a Toronto-based provider of a vehicle appraisal and auctioning system for automotive dealers, announced today the company is expanding into the Carolinas and central Florida. TradeRev President and Co-Founder Mark Endras made the announcement.

TradeRev is a widely used platform in Canada that is quickly gaining traction across North America. The company is aggressively expanding its footprint in the dealer-to-dealer markets, starting in the Carolinas and Florida. ADESA, a business unit of KAR Auction Services, Inc. (NYSE: KAR), which acquired a 50 percent stake of TradeRev in August 2014, is able to offer back office support during this expansion.

Click here to read the media release about this expansion on TradeRev’s website.