Atlanta, United States
Manheim is a globally recognized leader in providing end-to-end used vehicle wholesale solutions. Established in 1945, the company operates with a workforce of 20,000 employees across 106 locations worldwide, making it the foremost provider of vehicle remarketing services. As a subsidiary of Atlanta-based Cox Enterprises, Manheim is dedicated to revolutionizing the wholesale vehicle buying and selling experience through significant investments in technology and innovative products and services.
Manheim's diverse portfolio encompasses renowned brands such as Simulcast, Simulcast Everywhere, OVE.com, NextGear Capital, Total Resource Auctions, Manheim Frontline, Ready Auto Transport, Manheim Consulting, and others, catering to the remarketing industry across 14 countries, including Australia, Turkey, and the United Kingdom. The company is committed to setting industry standards for live auctions and online sales of used vehicles, effectively bringing together qualified sellers and volume buyers from various sectors including automotive dealerships, banks, car rental agencies, car manufacturers, and government agencies.
Manheim's dedication extends beyond business, with a strong focus on employee welfare, environmental sustainability, and community service. The company's notable initiatives range from fundraising drives to educational support for children and long-term conservation efforts. The company and its employees are devoted to protecting the environment and contributing to their local communities.
Considering its extensive global presence, robust employee base, and focus on innovation, Manheim presents a compelling investment opportunity for Venture Capitalists seeking to align with a leader in the transportation industry.
