Fullsteam Acquires Online Auction Software Maxanet

Fullsteam, a holding company acquiring software and payments businesses, announced today the acquisition of Maxanet, a software platform for managing auctions. Maxanet represents Fullsteam’s first acquisition in the auction management industry.

Released in 1997, Maxanet’s full-featured software provides business owners and auctioneers with online bidding management, inventory tracking, participant registration, integrated payment processing, bulk email functionality and much more. Maxanet’s white label platform provides customers with consistent branding across all web pages and also works seamlessly on a variety of devices from desktop computers to tablets and smartphones. 

“We’re pleased to bring Maxanet into the growing Fullsteam family of companies,” said Fullsteam CEO Michael A. Lawler. “Online auction software is a new market for Fullsteam, and Maxanet has proven for more than 20 years that its platform is among the best in the industry.”

Built for speed and reliability, each Maxanet auction site can handle thousands of inventory items with color photographs and more than 1,000 simultaneous bidders. Based in Dallas, Maxanet is used by hundreds of businesses and auctioneers nationwide. Visit Maxanet.com for more information.

 

About Fullsteam
Fullsteam is a leading software and payments company headquartered in Auburn, Alabama. Fullsteam acquires companies and provides them with streamlined payments infrastructure and enhanced operational support in order to increase growth and improve profitability. Fullsteam is actively seeking further acquisitions across multiple software verticals.