Cox Automotive has acquired full ownership of Alliance Inspection Management to enhance its vehicle inspection services and strengthen its position in the wholesale automotive marketplace.

Information on the Target

Alliance Inspection Management (AiM) is a leading provider of vehicle inspection services, renowned for its expertise and long-standing partnership with Manheim. Previously, Cox Automotive held a 50% stake in AiM, and with the recent acquisition of the remaining stake from Nissan Motor Acceptance Corp., it now fully owns the company. This acquisition amplifies Manheim's capabilities and services in the vehicle inspection domain.

The integration of AiM into the Manheim operations aligns with Cox Automotive's strategic goals, enhancing the service offerings to clients in the wholesale automotive marketplace. With approximately 700 skilled AiM employees joining the Cox Automotive family, this move aims to elevate the standard of condition reporting while simplifying transactions for buyers and sellers in the market.

Industry Overview in the Target’s Specific Country

The wholesale automotive industry in the United States is a dynamic and rapidly evolving sector that has witnessed significant transformation over the past decade. With advancements in technology and shifts in consumer behavior, companies are increasingly