ADESA finalizes SADE acquisition, renames auction
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CARMEL, Ind. –
ADESA’s recent footprint growth in the Sunshine State is now finalized.
The business unit of KAR Auction Services announced on Tuesday that it has successfully completed the acquisition of Sanford Auto Dealers Exchange (SADE) in Sanford, Fla.
This location expands the ADESA’s presence in the Florida market and joins four other ADESA auctions in the region: ADESA Sarasota, ADESA Tampa, ADESA Jacksonville and ADESA Ocala.
The auction will be renamed ADESA Orlando, and Mike Tumminello, former president of SADE, will remain as general manager.
“We are pleased to officially welcome Mike and his knowledgeable team to ADESA, and look forward to working with them to bring our entire suite of remarketing services to customers throughout central Florida," ADESA president and chief executive officer Stéphane St-Hilaire said in a news release.
ADESA Orlando has six fully automated auction lanes, along with full-service reconditioning facilities, including a body shop and mechanic shop. It is a modern facility with 70 acres, conveniently located just north of Orlando, near the Interstate 4 and 417 Greenway.
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This transaction includes The Ocala Auto Dealers Exchange (OADE) in Ocala, Fla. ADESA indicated this auction's operations will be combined with and moved to the ADESA Ocala location.
