A group of private equity funds will acquire vehicle auction company ADESA, Inc. and combine it with Insurance Auto Auctions, Inc. The total transaction is valued at about $3.7 billion and is expected to close in the first half of 2007.
A group of private equity funds will acquire vehicle auction company ADESA, Inc. and combine it with Insurance Auto Auctions, Inc. The total transaction is valued at about $3.7 billion and is expected to close in the first half of 2007.