IronPlanet acquires AAS auction services company
By Laura Hatton08 March 2013
Online auctioneer IronPlanet has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company. The company focuses on the commercial truck sector.
“We are very excited to incorporate Asset Appraisal Services, a trusted name in truck remarketing, as part of the IronPlanet marketplace,” said Greg Owens, CEO of IronPlanet. “Their expertise in inspections will further enhance IronPlanet’s exclusive IronClad Assurance and inspection services capabilities, while their deep experience and relationships in the truck market will strengthen our expansion in this growing sector of our business,” Owens continued.
AAS is headquartered in Nebraska, USA. Since the acquisition, the company will operate as a subsidiary of IronPlanet. It will continue to use the Asset Appraisal Services name.
“With IronPlanet, AAS will be able to reach new customers through its global marketplace, while continuing to deliver the quality service our customers have come to count on through the years,” said Michael Cox, AAS president and founder.