Announced
Completed
Financials
Tags
Domestic
Completed
pre-owned vehicles
United States
Auto Services
Acquisition
Majority
Private
Friendly
Single Bidder
Mbo
Synopsis
AshMark, a financial structuring and management advisory company, and Wholesale Express management completed the acquisition of Wholesale Express, a distributor of pre-owned vehicles. Financial terms were not disclosed. "We are excited to partner with CIBC, HighCrest, Management and the Board to expand the footprint of Wholesale Express and bring this amazing platform to the broader Canadian market. The company is now well capitalized and with this augmented Management team and Board, we have high expectations for 2024," Mark Pavan, AshMark CEO.
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