About Morton Auto Auction
Morton Auto Auction is a Transportation, Automotive & Logistics company based in Morton Grove (United States) founded in 1978, and was acquired by XLerate Group in January 2019. It offers auto auction services. Morton Auto Auction offers products and services including Wholesale Auctions, Vehicle Detailing, and Mechanical Repairs. Its focus areas include Auto, Auto Retail & Aftersales, Dealership and Cars. Its competitors include Copart, AutoNation and CarLotz; 1 of its 3 listed competitors has raised funding.
Company details
Morton Auto Auction was established in 1978 in Morton Grove, United States, within the automotive sector. Vehicle auctions are facilitated through online and physical platforms accessible via mortonaa.com. Core operations involve consigning, bidding, and selling automobiles to dealers and buyers. Services encompass inspection, transportation coordination, and post-auction support, primarily serving the North American market with a focus on efficiency and transparency in transactions.
- Headquarters Morton Grove, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website mortonaa.com
- Social LinkedIn Facebook
- Acquired by XLerate Group (Jan 2019)
- Investors
- Acquired byXLerate Group
(Jan 2019)
Products & Services of Morton Auto Auction
Morton Auto Auction offers a comprehensive portfolio of products and services, including Wholesale Auctions, Vehicle Detailing, and Mechanical Repairs.
Platform for wholesale buying and selling of vehicles
Professional cleaning and detailing of vehicles
Diagnosis and repair of vehicles for auctions
Investors in Morton Auto Auction
Morton Auto Auction has secured backing from 1 investor. Prominent investors backing the company include XLerate Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Automotive auctions and remarketing facilities are provided nationwide. | 2010 | xlerategroup.com | Indianapolis, United States |
Investor details for Morton Auto Auction
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Timeline of Morton Auto Auction
2 dated milestones of Morton Auto Auction across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Morton Auto Auction is founded.
- Exit Acquired by XLerate Group.
Competitors of Morton Auto Auction
Morton Auto Auction has 3 listed competitors in our database, 1 of them funded. They include Copart, AutoNation and CarLotz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| copart.com | 1982 | Dallas, United States | 10,200 | Used and salvaged vehicles are offered via an online marketplace. | ||
| autonation.com | 1991 | Fort Lauderdale, United States | 22,443 | New and used vehicles are offered online by AutoNation. | ||
| carlotz.com | 2011 | Charlotte, United States | $37.03M | 403 | Used cars are traded via an online consignment platform. |
Detailed competitors of Morton Auto Auction
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Frequently Asked Questions about Morton Auto Auction
Morton Auto Auction was founded in 1978.
Morton Auto Auction is headquartered in Morton Grove, United States. It is registered at Morton Grove, Illinois, United States.
Morton Auto Auction was established in 1978 in Morton Grove, United States, within the automotive sector. Vehicle auctions are facilitated through online and physical platforms accessible via mortonaa.com. Core operations involve consigning, bidding, and selling automobiles to dealers and buyers. Services encompass inspection, transportation coordination, and post-auction support, primarily serving the North American market with a focus on efficiency and transparency in transactions.
Morton Auto Auction's top competitors include CarLotz, Copart and AutoNation.
Morton Auto Auction offers Wholesale Auctions, Vehicle Detailing, and Mechanical Repairs.
Morton Auto Auction has 1 investor. Key investors include XLerate Group.
Yes. Morton Auto Auction was acquired by XLerate Group in January 2019.