CARMEL, Ind. -

Late on Friday afternoon as much of the industry mingled through the opening day of the NADA Convention & Expo in Las Vegas, KAR Auction Services announced that subsidiary, ADESA, successfully completed the acquisition of eight auctions owned by the Brasher family along with its floor-plan financing business.

In addition to the formal completion of the transaction, the company also shared how the eight locations will be renamed. The rundown includes:

—ADESA Salt Lake
—ADESA Brasher’s (Sacramento)
—ADESA Portland
—ADESA Boise
—ADESA San Jose
—ADESA Northwest (Eugene)
—ADESA Reno
—ADESA Fresno

The company mentioned Brasher’s key corporate and local auction personnel will maintain leadership roles across the Brasher auctions.

“Finalizing the acquisition of these eight auction sites is great for our customers and our employees,” KAR chairman of the board and chief executive officer Jim Hallett said. “It allows us to provide an even wider assortment of services to dealers at these new locations and leverage the strength of the entire KAR group of companies.

“The Brasher family has a long history in our industry as a premier auto auction and is a great fit with our organization,” Hallett continued.

The addition of these auctions now gives ADESA 74 whole car auction locations in the United States, Canada and Mexico.

“I look forward to working with the Brasher’s team to serve all of our customers’ vehicle remarketing needs — in the lanes, online and financing,” said Stéphane St-Hilaire, CEO and president of ADESA. “The Brashers share our strong customer focus and together we will enhance the auction experience with our expanded service offerings.”

Brasher’s president John Brasher added, “On behalf of the Brasher family and Brasher’s Auto Auctions more than 1,300 employees, we are excited to officially become part of the KAR team.”