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ATLANTA – Total Resource Auctions president Jamie Porter announced today the acquisition of the Temple, Texas-based Central Cities Auction Pool business assets and operations, a move that expands Total Resource Auctions’ national footprint to 56 locations, including five in Texas. |
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Central Cities Auction Pool president Carroll Estes, a longtime industry leader, will continue to run the operation with his wife, Annette, and son, Chad, and eventually assume additional responsibilities at Total Resource Auctions. |
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“The addition of Central Cities Auction Pool to the Total Resource Auctions family is important for several reasons,” Porter said. “First, it allows us to better serve our customers in Texas, including establishing relationships with our insurance customers. Second, it reinforces our commitment to expand our salvage operations. And third, it means adding experienced and knowledgeable leaders to our team, which is great news for us, for our customers, and for the industry.” |
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Estes said he feels fortunate to join a company with the growth potential of Total Resource Auctions. |
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“After running Central Cities Auction Pool for more than 20 years independently, it’s exciting to join forces with Total Resource Auctions,” Estes said. “This is a company that is on the move, continually looking for new ways to better serve its customers through technology enhancements, great customer service, and a commitment to continued growth. I’m proud to be a part of that.” |
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The acquisition of Central Cities Auction Pool comes on the heels of an earlier expansion for Total Resource Auctions this spring; in March, the company announced the |
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acquisition of four industry-leading salvage auction companies operating at 11 locations: Klode Salvage Distribution Center, Inc.; S.A.I.S.C., Inc.; Sapulpa Auto Pool, Inc.; and SourceOne Solutions. |
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As with those previous acquisitions, Central Cities Auction Pool will continue to offer AIMS Software to customers and run its operating system. In addition, Central Cities Auction Pool will host, manage and maintain AIMS Net. |
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About Total Resource Auctions |
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Total Resource Auctions is a wholly owned subsidiary of Manheim. With a national network of wholesale auctions, Total Resource Auctions allows buyers and sellers to securely exchange damaged, inoperative and salvage vehicles at 56 locations throughout the United States and via Web-based products, including Manheim Simulcast. For more information, go to www.totalresourceauctions.com. |