Auction Management Solutions (AMS) expanded its client portfolio again earlier this month.
Now leveraging the firm for business development consulting is Lake Charles Auto Auction (LCAA) located in Lake Charles, La.
Established in 1991, Lake Charles Auto Auction was started by Mike Pedersen as a two-lane night sale, catering to independent dealers in the area. Today, the operation is run by the second generation, Mike’s son Matt, who purchased the auction from his father in 2012.
Matt Pedersen said, “It has been such an honor to learn this business from the ground up, and we are very excited to take the auction to the next level.”
LCAA expanded the facility in 2015 to a four-lane auction and are now about to complete a $2 million renovation to the main office building, including creating additional dealer parking.
“We are very excited to get into the new building to better serve our dealers. We expect to be moved in by the end of October,” Matt Pedersen said.
“We have spent a lot of time building a great base of dealer consignment business over the last several years, and we feel that it is time now to start to expand deeper into the world of national consignors,” Pedersen went on to say. “We feel that AMS can be a great help to achieve our goals.”
AMS’ auction partnerships now include 24 operations from coast to coast.
“We are very excited to have LCAA join the AMS group of independent auctions,” AMS president Tom Stewart. “We started AMS with a focus of partnering with independent auctions to assist in growing their business, helping them utilize marketing efforts to increase their presence in the market, and to increase profitability.
“We have a proven sales strategy that delivers proven results for our auction partners,” Stewart went on to say.