The Car and Truck Fleet and Leasing Management Magazine

Jim Hallett Rejoins ADESA as President, CEO

January 16, 2007

CARMEL, IN - Jim Hallett is returning as president and CEO of ADESA, two years after leaving the country’s second-largest auto auction, announced the private equity group now purchasing the company.

Hallett served in the same capacities for nearly 10 years at ADESA, but left after a management realignment when the company was spun off from its parent ALLETE. He then joined Columbus Fair Auto Auction as president.

The equity group purchasing ADESA comprises Kelso & Co., GS Capital Partners, an affiliate of Goldman Sachs, ValueAct Capital, and Parthenon Capital. Expected to close in the first half of 2007, the transaction is valued at $3.7 billion. Hallett will assume his responsibilities at the closing.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

In the automotive industry, the EPA’s regulations have a significant impact on automotive design, specifically with regard to fuel economy and emissions standards.

Read more

Up Next

More From The World's Largest Fleet Publisher