The remarketing services organization within defi SOLUTIONS named its 2025 Auction of the Year on Tuesday, honoring an operation located on the West Coast for the first time.

Recognized for outstanding performance, operational excellence, and a strong partnership that consistently delivers exceptional results for lenders via defi MANAGED SERVICING Remarketing, the award went to Manheim Riverside.

According to a news release, this is the first recognition from defi SOLUTIONS for Manheim Riverside, located in California, and the first sale in the Western Region to win defi’s Auction of the Year Award.

“Manheim Riverside exemplifies what this award represents,” said Steve Bissett, defi SOLUTIONS vice president of client services.

“They do a wonderful job of preparing our clients’ vehicles for sale and run a top-notch auction focused on results,” Bissett continued in the news release. “We appreciate their partnership and dedication to serving our clients.”

To qualify for the Auction of the Year Award, an auction must be a member of the National Auto Auction Association, be located within defi’s preferred auction network, and outperform its peers within a designated calendar year.

Executives said Manheim Riverside excelled in sales effectiveness, vehicle certification rates, and hands-on account support.

“Partnering with an established, trusted, and highly professional remarketer like defi SOLUTIONS enables a strong collaboration that consistently delivers strong results and a great client experience,” Manheim Riverside general manager Tom Wemhoff said in the news release. “We are honored to receive this recognition and look forward to our continued partnership between Manheim and defi SOLUTIONS.”

Also recognized by defi MANAGED SERVICING Remarketing were ADESA Knoxville and Carolina Auto Auction, which took second and third places, respectively.

Executives recapped defi MANAGED SERVICING Remarketing has presented the Auction of the Year Award for more than two decades through its National Quality Control Program.

“Established industry partnerships with top vehicle remarketing companies allow defi to minimize the turnaround time and maximize the resale value of off-lease and repossessed vehicles for its lenders,” the company said.