Company Description
ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership.
The company’s marketplace platform includes digital marketplace, that connects buyers and sellers by providing auctions which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green customer assurance services for against claims related to defects in the vehicle.
It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage to facilitate auction business with commercial partners, such as fleet, rental car, and financial sector consignors.
In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software that enables dealers to manage their inventory and set pricing while turning vehicles.
Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, Apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service.
ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.
| Country | United States |
| Founded | 2014 |
| IPO Date | Mar 24, 2021 |
| Industry | Auto & Truck Dealerships |
| Sector | Consumer Discretionary |
| Employees | 2,900 |
| CEO | George Chamoun |
Contact Details
Address: 640 Ellicott Street, Suite 321 Buffalo, New York 14203 United States | |
| Phone | 800 553 4070 |
| Website | acvauto.com |
Stock Details
| Ticker Symbol | ACVA |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Share Class | Class A Shares |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $25.00 |
| CIK Code | 0001637873 |
| CUSIP Number | 00091G104 |
| ISIN Number | US00091G1040 |
| Employer ID | 47-2415221 |
| SIC Code | 7389 |
Key Executives
| Name | Position |
|---|---|
| George G. Chamoun | Chief Executive Officer and Director |
| William R. Zerella | Chief Financial Officer |
| Vikas Mehta | Chief Operating Officer |
| Michael Waterman | Chief Sales Officer |
| Craig Eric Anderson | Chief Corporate Development and Strategy Officer |
| Bahman Koohestani | Chief Technology Officer |
| Timothy M. Fox | Vice President of Investor Relations |
| Leanne Fitzgerald J.D. | Chief Legal Officer and Secretary |
| Maura Duggan | Associate Director of Communications |
| Kate Cadou Clegg | Chief Marketing Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 25, 2025 | 144 | Filing |
| Mar 21, 2025 | CERT | Certification by an exchange approving securities for listing |
| Mar 20, 2025 | 8-A12B | Registration of securities |
| Mar 19, 2025 | 144 | Filing |
| Mar 14, 2025 | 25 | Filing |
| Feb 19, 2025 | S-8 | Securities to be offered to employees in employee benefit plans |
| Feb 19, 2025 | 10-K | Annual Report |
| Feb 19, 2025 | 8-K | Current Report |
| Feb 14, 2025 | SCHEDULE 13G/A | Filing |
| Feb 12, 2025 | SCHEDULE 13G/A | Filing |