Carvana Group, LLC /
US physical auction business of the Company
Carvana Group, LLC to acquire KAR Auction Services’ US physical auction business
- Terms
- Undisclosed
- Stage
- Agreement signed
What happened
Carvana Group, LLC agreed to acquire the US physical auction business of KAR Auction Services, Inc. The agreement was signed on Feb. 24, 2022.
The transaction is expected to close in the second quarter of 2022. Terms weren't disclosed.
The source
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Carvana Group, LLC to acquire KAR Auction Services’ US physical auction business
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Agreement signed
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Expected close
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