Auction Veteran Invests in Compliance Company

By Staff Writer April 25, 2018

An investment group headed by Alexis Jacobs, owner of the Columbus Fair Auto Auction, has acquired ComplyNet, a 25-year-old compliance and risk management consultancy focused on automobile dealers and auto auctions.

ComplyNet performs on-site and online services for automotive customers in 34 states, enhancing compliance and reducing subscribers’ risk.  

Columbus Fair has utilized ComplyNet’s services for six years, allowing the auction to respond to consignors with confidence and to leverage their combined efforts with its garage carrier.

Phil Troy, the founder of ComplyNet, will continue to serve as the advisory director. Attorney Adam Crowell will serve as President of the company.

Last modified on Wednesday, 25 April 2018 22:02

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