FRANKLIN, Tenn. – Effective October 27, 2022, the Dealers Auto Auction Group expands into the Little Rock market with the acquisition of Atlas Auto Auction. Matt Lovelis, owner and operator of Atlas Auction has served the greater Little Rock area dealers since its inception.
After adding the 4600 S University Ave, Little Rock, Arkansas location, Dealers Auto Auction Group, expands its footprint to ten locations throughout the southeast.
Matt Lovelis, the current owner of Atlas Auction, commented on the sale to Dealers Auto Auction Group. “Our dedication to God, the tools He supplies along with hard work, loyalty, and commitment of the wonderful employees of Atlas Auto Auction have made our success all possible. We want to thank our wonderful dealers, we are fortunate for our strong relationships. It has been our pleasure serving our dealers over the last several years. We are proud to announce that we will continue to serve our dealers in the same manner they are accustomed to under the Dealers Auto Auction brand. We are greatly excited about the growth and future of what’s to come here at DAA Little Rock!!!”
David Andrews, CEO of Dealers Auto Auction Group said, “We are very excited about the acquisition of the Atlas Auto Auction and entering the Little Rock market. As a premier auction service provider, DAAG listens to our customers, and continues to expand DAAG’s ability to provide services and facilities to additional key markets across the United States.” David Andrews also emphasized, “DAAG continues to leverage traditional auction venues with new technology to create strong participation and interaction between our In-lane and On-line buyers and sellers”.
Warren Byrd, of Keyscore Consulting was instrumental in putting this deal together. Byrd, a veteran auction industry advocate, spent decades negotiating acquisitions and building auctions. Warren commented, “This is the second acquisition this year for Dealers Auto Auction Group, having played a key role in both of these acquisitions, I am very proud to be a part of their continued growth”.
Dealers Auto Auction Group was started in 2001, with their first auction in Horn Lake, MS. In addition to Dealers Auto Auction Little Rock, DAAG now has ten auction locations in the Southeast also include: Dealers Auto Auction of Atlanta, Dealers Auto Auction of Jackson, Dealers Auto Auction of Memphis, Dealers Auto Auction of Murfreesboro, Dealers Auto Auction of Chattanooga, Dealers Auto Auction of Huntsville, Dealers Auto Auction of Mobile, Dealers Auto Auction of Columbia SC and Dealers Auto Auction East Tennessee. For more information please visit www.dealersauto.com.
Dealers Auto Auction Group, LLC, a National Automobile Auction Association (NAAA) member auction, based in Franklin, Tennessee, is a leading independent wholesale auto auction group providing comprehensive services to connect buyers and sellers of used vehicles in-lane and on-line throughout the southeast.