By Wes Mills
Inside Indiana Business
AUBURN – Auburn-based Perpetual Industries Inc., which recently acquired Worldwide Auctioneers, says it has completed the acquisition of AutoGrafic Software System.
AutoGrafic is a Software-as-a-Service platform designed to connect car collectors and automotive enthusiasts from around the world and provide a variety of tools for automotive promotion and preservation.
Worldwide, which is also based in Auburn, is an auction company that specializes in the sale and acquisition of classic vintage motorcars at auction around the globe. It was co-founded by John Kruse, who is the nephew of Dean Kruse, the former operator of Kruse Museums.
“This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” said Brent Bedford, chief executive officer of Perpetual. “It will also greatly benefit Worldwide Auctioneers, our newly acquired wholly-owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.”
Perpetual says the platform was developed by Travis LaVine and Jason Stoller of LaVine Restorations, a Marshall County company that specializes in the restoration and preservation of high-end classic cars. Perpetual says LaVine and Stoller will lead a new division for AutoGrafic.
“We are thrilled that AutoGrafic is now part of the Perpetual Industries family. We have had a wonderful relationship with LaVine Restorations and the AutoGrafic team for many years and believe the synergies are incredible, and we look forward to working together to bring solutions to our industry and beyond,” said John Kruse, principal and auctioneer of Worldwide.
The company says AutoGrafic users will soon be able to gain access to the system by using a mobile phone or web browser to choose a free plan or select from various levels of premium plans.