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ACV Auctions Inc (ACV) is a technology company. It is an online automotive platform. The company develops a mobile application through which users can view, bid, and purchase car inventory online. ACV services include wholesale auction, vehicle remarketing, and dealer services. It also offers transportation, financing, and assurance services to facilitate the entire transaction journey. The company’s post-auction services include title transferability verification, payment processing, financing, transportation, and facilitating transactions both on and off the marketplaces. ACV is headquartered in Buffalo, New York, the US.
ACV Auctions Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Dealer Services |
| Wholesale Auction |
| Finance Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In August, the company acquired Drive Inc., an automotive technology company. |
| 2023 | Contracts/Agreements | In January, the company entered into an agreement with Solutions to control increasing aged and used retail stock. |
| 2022 | Acquisitions/Mergers/Takeovers | In February, the company acquired Monk SAS, a vehicle inspection platform. |
Competitor Comparison
| Key Parameters | ACV Auctions Inc | BacklotCars, Inc. | Auction Edge, Inc. | DealerTrack Inc |
|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America |
| City | Buffalo | Kansas City | Seattle | New Hyde Park |
| State/Province | New York | Missouri | Washington | New York |
| No. of Employees | 3,200 | - | - | - |
| Entity Type | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| George Chamoun | Director; Chief Executive Officer | Executive Board | - | - |
| Tim Fox | Chief Financial Officer | Senior Management | 2020 | - |
| Vikas Mehta | Chief Operating Officer | Senior Management | - | - |
| Andrew Peer | Chief Accounting Officer | Senior Management | - | - |
| Ross Winston | Chief Technology Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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