AmeriBid Grows Footprint with Acquisition of Two Auction Houses

""AmeriBid LLC"":http://www.AmeriBid.com, a real estate auction firm headquartered in Tulsa, Oklahoma, is expanding. The company has acquired National Commercial Auctioneers, LLC, along with its sister company National Residential Auctioneers, LLC--both of which are also based in Tulsa.

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""The combination of these companies adds great strength and depth to the AmeriBid team,"" said Stan Schreyer, CEO of AmeriBid.

AmeriBid is the cooperative creation of Schreyer; Stephen Karbelk, CAI, AARE; and Larry Latham, CAI--all industry veterans. Karbelk was a founder of National Commercial Auctioneers and National Residential Auctioneers while Schreyer and Latham previously acted as strategic advisors to both companies.

The combined companies now fall under the AmeriBid brand umbrella. The acquisition included all processes, customer lists, physical assets, employee agreements, and agent agreements.

""With AmeriBid's acquisition of National Commercial Auctioneers and National Residential Auctioneers, we are now able to combine all of the assets and resources into one company so we can deliver best-in-class service to all of our clients,"" commented Karbelk.