This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws, including statements regarding integrating LAFCAA's business into EBlock's existing U.S. This partnership will further EBlock's commitment to simplifying and streamlining the wholesale experience by connecting industry-leading technology with full-service physical auction locations.ĮBlock is ranked as one of the fastest growing technology companies in North America, earning a spot on the Deloitte Technology Fast 500 and holding in the top 50 on the Deloitte Technology Fast 50 in Canada. We are excited to join the EBlock team and continue to build on the momentum." "EBlock and Louisiana's 1st Choice share a focus on delivering excellence - whether that is for the customers we serve, the people we employ, or the solutions we invest in," said LAFCAA's managing partner John Poteet. "We've always seen EBlock as a leader in empowering physical auctions to embrace digital efficiencies to meet our customers where they are and how they want to do business. "LAFCAA's Gulf Coast location enables EBlock to expand its digital dealer-to-dealer marketplace in the southern United States." " Louisiana's 1st Choice is a dealer-focused business with an experienced, forward-thinking team that is excited about the digital evolution in the automotive wholesale industry,"' McClenahan said. EBlock intends to integrate LAFCAA's facility, seasoned team, and strong customer base into its growing U.S. The LAFCAA facility sits on 34 acres, providing the efficiency and accommodations for inventory, while also delivering a digital-friendly experience for dealers looking to expand their inventory strategy. By connecting physical auctions and digital auctions, we are creating a network of logistics hubs that will improve our ability to serve our customers and give them the flexibility to do business where and how they prefer it."įounded in 2002, LAFCAA is a recognized leader in the Gulf States Region, with a stronghold in Louisiana. "The addition of physical auctions to our digital dealer-to-dealer platform is a natural extension of our commitment to supporting the evolving needs of our dealer partners. Southeast market which we announced earlier this year," said Jason McClenahan, President and CEO of E INC. This acquisition supports the launch of the EBlock platform in the U.S.
"The acquisition of Louisiana's 1st Choice is another example of us executing our land-meets-technology strategy. LAFCAA is a 34-acre top-tier auction facility located in Hammond, Louisiana, 60 miles north of New Orleans. d/b/a E INC (TSX: EINC) (the "Company" or "E INC") and sub-brand, EBlock, announced today that it has acquired Louisiana's 1st Choice Auto Auction ("LAFCAA"), an independent auction marketplace that has historically transacted over 15,000 vehicles annually. TORONTO, J/PRNewswire/ - E Automotive Inc. footprint along Gulf Coast, building the connection from the western territory to the south-central region.
The collection features many signed pieces, including original Buddy Bars and literature items signed by Carroll Shelby, as well as more than 150 desirable vintage racing posters, banners, original racing wheels, trophies and awards, a Shelby Racing jacket, Ferrari salesman samples, Alfa-brand items and the highlight of the group, an original "Mallard-Offenhsauser" nose cone from the 1969 Jim Hurtubise Indy 500 "Mallard" Race car, and much more.Leading dealer-to-dealer digital automotive auction expands U.S. The entire Road Art assemblage is now slated to cross the Mecum auction block this April at the Mecum Houston Auction taking place April 8-10 at the NRG Center in Houston Texas. He raced a 1965 Alfa TZ 2 and was on the ramp at Pebble Beach with the car two years in a row.įorristall’s love of racing extended beyond just the cars, and he accumulated countless memorabilia items related to the sport throughout his years of life. In Forristall’s last Vintage race before retiring from the track once again, he won five out of six flat-out race stages in the big-bore class in the Carrera Road Race. and in Europe, including in the very first “re-running” of the Pan-American Road Race. Forristall raced in Vintage both in the U.S. In the 1980s through the late 1990s, his showroom was a mecca for all manner of postwar Italian autos, especially Alfas, Maseratis and historically significant Ferraris. For more than four decades, Steve Forristall was a well-known racer and Houston-based car dealer specializing in Italian exotics.