Integrated Auction Solutions has purchased AWG Simulcast and AuctionMaster Technology.

The company announced the acquisition of AWG, a simulcast provider to independent auctions, and AMT, an auction management system, on Thursday.

“Our corporate mission has long been to protect the interests of independent auction owners,” IAS chief executive officer Alexis Jacobs said in a news release. “We will continue to serve and innovate for the industry.

“Greg Levi will serve as a managing member of IAS. Greg brings experience and discipline to our software development efforts through his background with Digital Motorworks, vAuto and Finance Express,” Jacobs said. “He shares the vision of enabling the auction community to unite and compete in a very competitive environment.”

IAS said that the new company will retain all current support, sales and development assets.