Carmel-based KAR Auction Services Inc. has acquired the remaining interest in Nth Gen Software Inc. (TradeRev), a mobile app and desktop solution that facilitates real-time dealer-to-dealer vehicle auctions. Becca Polak (pictured) has been named president of TradeRev. She has served as KAR’s executive vice president, general counsel and corporate secretary for 10 years. Polak has also been promoted to chief legal officer and secretary for KAR.

TradeRev was launched in 2009 by co-founder and CEO Mark Endras (pictured) along with co-founders Wade Chia, Jae Pak and James Tani, all of whom will retain leadership roles at TradeRev. Endras will remain a member of the TradeRev senior leadership team. He has been named chief innovation officer for KAR.

TradeRev has approximately 200 employees across office locations in Toronto, Chicago and Carmel and field staff located in markets across the U.S. and Canada.