News

Number of news items returned: 81 to 100 records of 411

"Time to replace that bucket" says Trustee Tailored Super

10 June 2017

(8313 views)

  "Time to replace that bucket" says Trustee Tailored Super   "We continue to highlight, that without Smart Defaults like TTS, in 2050 ...

The Tech Corner: BioCube

31 May 2017

(9403 views)

  "The Tech Corner: BioCube A shipping container that processes waste and plant materials into green energy that can run engines and ...

Tractile shades Tesla

25 May 2017

(10386 views)

  "Tractile leaves Tesla solar roof tiles in the shade   Renowned global entrepreneur Elon Musk’s latest product offering, solar roof tiles, are ...

Tooth Booth, CXi Software, News and Events - Funding Strategies Connect May 2017

19 May 2017

(10107 views)

  Tooth Booth, CXi Software, News and Events - Funding Strategies Connect May 2017 Dear Reader, Welcome back for the May edition of ...

Tooth Booth Westfield North Lakes to open August 2017

18 May 2017

(10107 views)

    "Tooth Booth Westfield North Lakes to open August 2017   Tooth Booth are in final discussions with Westfield North Lakes to open ...

Merger Brings Global Financial Network to Melbourne

05 May 2017

(11125 views)

  Merger Brings Global Financial Network to Melbourne    Fast growing capital markets group BlueMount Capital has welcomed Melbourne-based corporate advisory and investment ...

Myriad, Clients and Associate news - Funding Strategies Connect April 2017

20 April 2017

(12638 views)

Myriad, Clients and Associate news - Funding Strategies Connect April 2017   Dear Readers, Welcome back for another edition of our monthly newsletter, ...

BPC Residential Funds - Fully Subscribed

13 April 2017

(12909 views)

  " WE ARE PLEASED TO ANNOUNCE BOSS PRIVATE CAPITAL RESIDENTIAL FUND NUMBER 1 & 2 ARE BOTH NOW FULLY SUBSCRIBED"    Paul Harragon, Managing Director, ...

BPC: Residential Funds - Fully Subscribed

13 April 2017

(12671 views)

  " WE ARE PLEASED TO ANNOUNCE BOSS PRIVATE CAPITAL RESIDENTIAL FUND NUMBER 1 & 2 ARE BOTH NOW FULLY SUBSCRIBED"   Paul Harragon, Managing ...

Future Asset Management International (FAMI)

11 April 2017

(12687 views)

  "Future Venture Capital Offer (FVCO) Our innovative Future Venture Capital Offer (FVCO) provides a compliant VCLP structure for a wide range ...

"Equity crowdfunding bill passed, but proprietary companies still excluded"

20 March 2017

(15796 views)

"Equity crowdfunding bill passed, but proprietary companies still excluded"   "Retail investors will from September be able to buy up to $10,000 ...

Funds, Introductions and Updates - Funding Strategies Connect March 2017

17 March 2017

(12279 views)

Funds, Introductions and Updates - Funding Strategies Connect March 2017 Dear Readers, It has been a busy first quarter so far with ...

Trac Group roll out of Tractile Solar Roofing gains momentum

16 March 2017

(16070 views)

  "Trac Group roll out of TractileTM Solar Roofing gains momentum   Trac Group's strategy to build a network of distributors continues to ...

QinetiQ Selects RobotEye Thermal System for Their CUAS Product Family

14 March 2017

(13409 views)

  "QinetiQ Selects RobotEye Thermal System for Their CUAS Product Family   As the use of drones proliferates, their level of sophistication increases ...

Smarter MySuper defaults

13 March 2017

(13017 views)

  Smarter MySuper defaults    "Are Super Funds being hypocritical? Telling their members who have made an investment choice and are engaged (circa 20%), ...

Queensland Business Development Fund – Co-Investor Application

10 March 2017

(13171 views)

   Queensland Business Development Fund – Co-Investor Application   "Tailored Superannuation Solutions Ltd (“TSS” or the “Company”) is pleased to confirm, following a ...

Nelson Resources appoints CPS Securities

08 March 2017

(13497 views)

  "Nelson Resources appoints CPS Securities   The Nelson Resources Limited (the Company, ASX: NES) Board is pleased to advise that Nelson Resources ...

Tailored Superannuation Solutions Ltd Exceeds Minimum Subscription

22 February 2017

(13562 views)

  Tailored Superannuation Solutions Ltd Exceeds Minimum Subscription "Tailored Superannuation Solutions Ltd (“TSS” or the “Company”) is pleased to confirm that the ...

Nelson Resources extends closing of its Replacement Prospectus

22 February 2017

(13211 views)

   "Nelson Resources extends closing of its Replacement Prospectus   The Nelson Resources Limited (the Company, ASX: NES) Board is pleased to advise ...

Market Review: Dealer Trade vs TradeRev

14 May 18

 

"Market Review: Dealer Trade vs TradeRev

 

A key question which we are always asked is: How do we quantify the value of the Dealer Trade concept? Given this, we thought is may prove useful to you to examine a similar online auctioning model being run in North America.

TradeRev is a product originating in Canada which shares many similar qualities to Dealer Trade – being an app based, dealer to dealer vehicle auction platform.

TradeRev and its parent, KAR Auction Services Inc. (NASDAQ:KAR) released the following press release in October 2017:

KAR Goes All In on Digital – Acquires Remaining Interest in TradeRev Mobile App Auction Platform

Disruptive Technology Strengthens Company’s Digital Foundation and Accelerates Growth in Broad Dealer-to-Dealer Marketplace

October 03, 2017 09:15 ET | Source: KAR Auction Services, Inc.

“CARMEL, Ind., Oct. 03, 2017 (GLOBE NEWSWIRE) -- KAR Auction Services, Inc. (NYSE:KAR), has acquired the remaining interest in Nth Gen Software Inc. (“TradeRev”), a mobile app and desktop solution that facilitates real-time dealer-to-dealer vehicle auctions. KAR purchased a 50 percent stake in TradeRev in 2014 and acquired the remaining interest today for $50 million in cash and an additional $75 million over the next four years contingent on certain terms and conditions including TradeRev performance. TradeRev brings industry-leading mobile and digital technology to KAR’s portfolio of 250 whole car and salvage auctions, floorplan financing solutions, and other ancillary and related services. KAR will further integrate those capabilities into TradeRev to expand its digital business and strengthen its share in the dealer-to-dealer market (US) representing over 10 million annual transactions.”

TradeRev’s acquisition implies a valuation for its software at up to USD250 Million.

http://karauctionservices.com/kar-goes-all-in-on-digital-acquires-remaining-interest-in-traderev-mobile-app-auction-platform/

http://www.autonews.com/article/20171003/RETAIL04/171009919/adesa-parent-kar-auction-services-buys-rest-of-traderev

This transaction reflects the global, technology driven shift reverberating in wholesale vehicle remarketing in which Dealer Trade is at the forefront in Australia and the United Kingdom, with almost half of all Australian dealerships and over 1,500 UK dealerships registered on our platform.

We hope this proves informative you in providing some context surrounding our valuation processes and methodologies."

Jarrod Sierocki, Managing Chairman, Dealer Trade Holdings Limited, 14 May 2018.

For more information about Dealer Trade, please click here