OPENLANE, Inc

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KAR Auction Services is a holding company of ADESA, which is one of the leading providers of wholesale pre-owned vehicle auctions and serves banks, credit unions, financial centers, vehicle manufacturers and fleet management companies. It also manages Insurance Auto Auctions, which is one of the leading salvage auto auction companies in North American that maintains more than 150 sites. In addition, KAR operates Automotive Finance Corporation, which provides capital funding source for the pre-owned vehicle industry and operates over 80 sites in North America. Founded in 1987, the company offers services for dealers at nearly 700 auctions.