About Acacia Automotive, Inc.

It finally happened. More than two years of planning and strategizing brought our new company to life through labors of love.

Acacia Automotive has become America's newest serious contender in the whole car auto auction arena. With 2007's news of ADESA Corporation's acquisition and subsequent removal from public ownership by a private investor group lead by Kelso and Company, Acacia Automotive became America's only publicly-owned whole car auto auction services company. After completing our first Special Meeting of Shareholders February 1, 2007, at which the Company's complete recapitalization was approved, we are now authorized to raise capital, issue stock, and make acquisitions. The capital structure of a public corporation provides us with the ultimate opportunity to meet the substantial capital needs required to support our very aggressive growth plans as we seek to become a major player in the industry. On June 25, 2007, the Company announced that it reached consummation of its initial stock offering in raising more than $1,000,000.00 in working capital. On July 10th of that same year, Acacia Automotive closed on our first auction acquisition in North Augusta, South Carolina, just three minutes from downtown Augusta, Georgia. On August 31, 2009, we executed the documents to acquire our second operation...Chattanooga Auto Auction. We will manage the auction under an agreement until the end of its fiscal year, and then take control of the assets on December 26, 2009. The company has now set its sights on other acquisition targets, and will review these candidates after planning our next funding efforts. Utilizing our structure as a public corporation, the Company will raise additional cash, probably through the sale of its Common stock, to implement its plan of acquiring existing automobile auctions.

Patterning ourselves after one of the most successful auto auction companies of all times, Anglo-American Auto Auctions (later becoming ADT Automotive), we will seek to follow a similar path to excellence. ADT Automotive was heralded to have the greatest depth of superior management, the best control systems of its day, and was considered by its employees to be a great place to work. At every turn, employees who were with ADT Automotive recall those glory days and agree that it was the best! To retrace those steps, Acacia Automotive has already acquired the services of three of that old guard: Our President and CEO, our Vice President and COO, and the Chairman of our Advisory Board...all three of whom also serve as directors of the Company. Our company could have no better leaders to accomplish its goals than these core individuals.

Acacia’s CEO and President, Steve “Junior” Sample, started his auction career in those Anglo-American/ADT roots. Serving as a successful manager at an ADT auction for ten years, Sample is a true-blue believer in the ADT system under the leadership of Tony Moorby. “There was a sense of camaraderie, self worth, and excitement whenever Tony was around, and we hinged on every word he spoke at gatherings, meetings, and conventions” says Sample. "I cannot tell you how thrilled I was to hear Tony accept our offer to join Acacia. When David Bynum also agreed to join the team, I was elated. Certainly an angel must have landed on my shoulder and guided me to these great individuals and great leaders. This is more than we could ever have expected at this early stage in our development. We are now truly ready for action!"

Recently acquiring the services of Mr. David Bynum as its Vice President and Chief Operating Officer, the Company now has a complete set of tools to effectively manage its operating entities. As an auction general manager under Moorby with Anglo-American/ADT Automotive, Bynum is attuned to the same principles and dynamics that are embraced by Acacia's other top management. Bynum brings the distinction of being a highly-decorated manager with ADT Automotive and then ADESA - first as an auction General Manager, then as Regional Vice President, and finally as National Heavy-Duty Truck and Equipment Manager. Now that Acacia has commenced making acquisitions, things are starting to move much more quickly and real excitement is in the air. Bynum is quite at home in that environment, and his vast experience shows.

Acacia Automotive's Chairman of the Advisory Board, Mr. Tony Moorby, originally helped launch the Company as our President and COO. As the Company got its "sea legs", Moorby was able to step back from his service as an officer in order to devote more time to his family and commercial business interests in Nashville. Still providing strategic advice as the Company's Advisory Board Chairman, Moorby also continues to sit on Acacia's Board of Directors. To those who know Tony, no introduction is necessary. To those who don’t…What a pleasant experience you have awaiting you! Tony was President and CEO of ADT Automotive when it was sold to Manheim for $1,000,000,000 cash in 2000. That was quite a payday for ADT back then, considering they had no finance subsidiary and no salvage auction division. Accepting the challenge to now help Acacia find its own greatness, Tony acknowledges that of all the opportunities he reviewed prior to getting back into the game, Acacia's was the only one that provided him with the right “fit”.

Click on these links to read more about our Name, our History, our Plans, and our Management.