QCSA Announces Acquisitions
January 07, 2008
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CARMEL, Ind. — QCSA Auto Auctions announced late last week it has obtained the assets of CrashedToys.com and St. Croix Specialties, an insurance salvage service provider for motorcycle, marine and snowmobile claims.
As part of the agreement, Special Lines Central, a subsidiary of QCSA, joins with the acquired assets to launch Crashed Toys, LLC, which operates as wholly owned QCSA subsidiary.
Furthermore, officials said CrashedToys.com's management and staff will continue with the company and operate the new unit.
"By joining forces, we have created one of the largest companies in the nation focused solely on remarketing Specialty Lines such as motorcycles, snowmobiles, boats and RVs," explained Joe Peltier, owner and founder of St. Croix Specialties and CrashedToys.com. "We look forward to the new opportunities our combined entity will provide."
Added Jerry Sullivan, managing member of Crashed Toys, "We are ecstatic to be uniting with CrashedToys.com."
"CrashedToys.com is a nationally recognized leader and innovator for this important niche within the salvage remarketing industry," Sullivan continued.
For more information, visit www.qcsa.com or www.stcroixspecialties.com.
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