SHREVEPORT, La. and CARMEL, Ind. -

The XLerate Group continues to make big moves this summer.

A week after announcing new majority ownership and less than two months after buying Liquid Motors, the company has expanded its reach into Louisiana.

XLerate said Thursday it has purchased Greater Shreveport-Bossier Auto Auction.

With this acquisition, which is the group’s 10th, XLerate now has 14 auction brands that include fixed-site and mobile sales throughout 11 states.

“GSBAA is the latest step in XLerate’s strategy to grow our business, footprint and service offerings by acquiring high-quality independent sales with strong operating management and demonstrated high service levels,” XLerate chief executive officer Cam Hitchcock said in a news release. “Steve Chiasson and Keith Hightower started GSBAA in 2008 and have since expanded and relocated the sale.”   

The auction is located in Shreveport, La., and serves dealers and consignors in Louisiana, Texas and Arkansas.

Matt Chiasson, who is the son of co-founder Steve Chiasson, is the general manager of the auction and will remain in that role.

“We are pleased to officially welcome Matt and GSBAA into the XLerate family,” said XLerate executive vice president Chuck Tapp. “Matt is a proven operator with a keen focus on customer service.  He has an intimate knowledge of the regional customer base and their expectations.”

Added Matt Chiasson: “GSBAA’s customers and employees will be well served by the resources and depth of product offerings that come with being part of the XLerate Group. I look forward to expanding GSBAA’s base of business and continuing to drive its strategic growth.”

In the release, Steve Chiasson said: “Keith Hightower and I are excited for our dealers and our auction family.  Joining the XLerate Group gives GSBAA capabilities and relationships it did not have as a single auction. During our time in this industry, we have had the pleasure of working with so many great people.  We say ‘Thank You!’ to everyone who has worked for, done business with, and continues to do business with GSBAA.”

Thursday’s news continues what has been a busy summer for XLerate.

On Sept. 2, it was announced that private equity firm Brightstar Capital Partners had entered a definitive agreement to acquire a majority stake in the auto auction and remarketing facilitation company.

Current owner Huron Capital and XLerate’s senior management team are retaining minority equity stakes.

And in July, XLerate announced that it had purchased Liquid Motors. It’s a move that can help bulk up XLerate’s digital sales, which the company says have seen significant growth in the last five years.