Press Release
IAA Marks Houston South Facility with Grand Opening Event
Published August 2, 2019 - Written by IAA, Inc.
WESTCHESTER, IL – August 02, 2019 – IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today celebrated the grand opening of its Houston South facility, located in Rosharon, Texas. IAA Houston South is the 17th branch in the state and will help accommodate increased customer capacity needs. It is located approximately 35 miles from Houston and will strategically enhance IAA’s ability to serve the growing metropolitan area as well as the hurricane-prone coastal Texas region.
At the celebration, IAA highlighted the latest in vehicle auction technology including a vehicle check-in area designed for IAA 360 View™ imaging and IAA Inspection Services™. The branch also includes a vehicle inspection center (VIC) space for insurance clients. The new lobby and conference rooms provide customers and employees with expansive meeting and training space.
“We are very excited to open this new location, which is strategically located to serve the Gulf of Mexico, an area particularly prone to catastrophic weather events,” said John Kett, Chief Executive Officer and President of IAA. “We are offering our customers the latest technology and innovative services, as well as ample space for meetings and other amenities.”
The branch is located at 2839 E. FM 1462, Rosharon, TX 77583. Preview days are Thursdays from noon to 4pm (Houston time). Sales days are Fridays starting at 9am (Central time).
Media Inquiries:
Jeanene O’Brien SVP, Global Marketing and Communications
(708) 492-7328
Analyst Inquiries:
Caitlin Churchill
ICR
(203) 682-8200
About IAA, Inc.
IAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes more than 2.5 million vehicles annually. Headquartered near Chicago, IL, IAA has over 3,600 talented employees and over 190 facilities throughout the US, Canada and the United Kingdom. IAA provides a broad range of services to insurers, fleet and rental companies, rebuilders, charity organizations and financing companies that dramatically reduce the cycle time of selling a vehicle with a focus on delivering the highest economic returns. Buyers have access to the industry’s most-innovative vehicle evaluation and digital bidding tools, enhancing the overall purchasing experience.
Uncertainties Affecting Forward-Looking Statements
Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and which are subject to certain risks, trends and uncertainties. In particular, statements made that are not historical facts may be forward-looking statements. Words such as “should,” “may,” “will,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions identify forward-looking statements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Such forward-looking statements include the statements regarding IAA’s future financial and operating performance, benefits and synergies of the separation, strategic and competitive advantages, future opportunities and any other statements regarding events or developments that IAA believes or anticipates will or may occur in the future. We disclaim any obligation or undertaking to update any forward-looking statements. For further discussion of such risks and uncertainties, see “Information Statement Summary,” “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in the information statement filed as an exhibit to IAA’s Registration Statement on Form 10, as amended.
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