Solution for Family Business Becomes Industry-Wide Platform Featured

By Ted Craig November 16, 2018

What started as a way for one repo agency to improve its efficiency is now a platform for the entire industry.

KAR Auction Services, Inc. recently announced the acquisition of Reno, Nev.-based Clearplan.

“KAR is focused on leveraging the best in digital technology to help our customers operate more efficiently and effectively,” said Peter Kelly, KAR’s president of digital services. “Clearplan quickly established itself as a market leader by developing a data-driven, user-friendly communications platform. By integrating Clearplan with our existing capabilities, we will be able to offer smarter, faster and more convenient solutions that serve the entire asset recovery ecosystem.”

Clearplan was launched in 2014. It grew out of a way to address problems at co-founder Justin Zane’s repo agency, Zane Investigations.

Zane Investigations started doing repossessions in 2005 and moved into the Las Vegas market in 2007. The Zane family soon found higher fuel bills were eating up the extra income brought by the move.

The answer lay in using Google Maps to plan out all the pick ups and create efficient routes for the agents.

Justin Zane took that idea and expanded on it to start automating and standardizing all aspects of the repossession business.

Zane and a co-founder started their own business, Clearplan, using Zane Investigations as one of the main beta testers.

Today, Clearplan connects thousands of recovery agents and automotive lenders and enables real-time communication to more efficiently list, log and track vehicle recovery activity. 

“We are thrilled to extend and strengthen our partnership with RDN by becoming part of the KAR Auction Services organization,” Zane said.

Clearplan will continue to operate from their Nevada headquarters and will become part of KAR’s digital services group of companies.

 

 

Last modified on Wednesday, 21 November 2018 19:12

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