Business: KAR Auction Services, Inc. operates a complete auction solution throughout North America. The company’s core business units include ADESA, a wholesale used vehicle operation; Insurance Auto Auctions (IAA), a salvage auto auction company; Automotive Finance Corporation (AFC), a capital funding source for the used vehicle industry; and OPENLANE, an online auto remarketing auction company. These core businesses are fully complemented by other units within the KAR Auction Services family, including PAR North America, AutoVIN, LiveBlock Auctions International, AuctionTrac, High Tech Locksmiths and Dent Demon. This diversity allows KAR Auction Services to provide a full spectrum of services—from whole car and salvage, to financing, remarketing, technology, inspection and repair services. Together, the KAR Auction Services' family of companies provides a comprehensive, end-to-end solution for our customers' unique remarketing needs.