It’s turned into a month of celebrating Auction Management Solutions (AMS). First, the firm’s one-year anniversary and now confirmation that earlier this month AMS has partnered with Rea Brothers’ Mid-South Auction (RBMSA) for business development consulting.
AMS recapped that the Rea family has been in the auction business in Mississippi since 1972. In 2010, the Rea Brothers auction was purchased by the American Auto Auction Group, later becoming part of the XLerate Group in 2014.
Last year, the Rea family decided to once again become participants in the wholesale independent auction industry and repurchased the auction, making it a family business. AMS insisted the dealers of Jackson, Miss., and the surrounding area are obviously thrilled to have Jimmy Rea and the family back home on their 48-acre, state-of-the-art facility located in Pearl, Miss.
RBMSA is a full-service auction featuring full reconditioning, light mechanical services and in-house transportation.
“We are excited to be back home, doing what we love, and now being a part of the AMS auction group is going to help us accelerate the process of providing the services that our regional automotive community needs. We are confident that our new working relationship with AMS is going to provide real dividends for our auction,” Rea Brothers’ Mid-South Auction Managing Partner John Rea said.
AMS was created with main focus of partnering with independent auctions to assist in growing their business, helping them to maximize their footprint in the market and to increase profitability. That goal is to provide strategic business development services, with an emphasis on business processes and profitability that aid in the growth and success of client/partner businesses.
AMS was started by industry veterans Tom Stewart and Richard Curtis, who along with Jamye Carpenter and Shelly Frank, provide consulting and recruiting services to the automotive industry that includes independent auto auctions, service providers and vendors.