"Bringing balance and choice
back to the auto auction industry."
"Bringing balance and choice
back to the auto auction industry."
Acacia Automotive acquired Augusta Auto Auction on July 10, 2007. Operations began July 11th under our new ownership, and we have enjoyed dynamic improvement in sales and revenues since then. For the years 2008, 2009, and 2010, the auction's operating revenues grew at annual rates of 32.4%, 20.8%, and 25.6%, respectively, as a result of our management advances and implementation of modern programs for our clients - all of which have driven unit sales volumes year over year. The first quarter of 2011 saw revenue growth of 16.3% over Q1 of 2010, reflecting a continuation of the double-digit growth trend since we acquired the auction in 2007. Proving that the auto auction industry is highly recession-resistant, our Augusta Auto Auction serves as a model for business growth. The future remains bright for Augusta, and we welcome you to come see why it promises to be a real growth vehicle!
The Company is now considering options for its next addition. Stay tuned!
Please check this page often for updated auction links, and read more about our auctions and other happenings on our "News" and "Events" pages!