George Sakellaris, Portfolio Manager of Brown Advisory’s Mid-Cap Growth (MCG) strategy interviews John Kett, CEO of Insurance Auto Auctions (IAA). IAA is a leading global digital marketplace connecting vehicle buyers and sellers.

IAA’s unique platform focuses on the marketing and sale of total-loss, damaged and low-value vehicles. Unlike traditional car sellers, IAA does not own or produce cars, it is a global marketplace for salvaged autos.

Elevated by the use of data and technology to conduct auctions across the globe (it is 100% digital now) we believe that this company has created important economic moats and a scalable business model in a rather traditional industry. We think it is an example of the innovation and growth potential that we are seeing in companies in the mid-cap space. Following the interview Emmy Wachtmeister, Associate Portfolio Manager for our MCG strategy, and Rob Furlong, Equity Research Analyst covering IAA join George to bring the investment perspective to this conversation.

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The Mid-Cap Growth Strategy invests in a portfolio of diversified, high-quality businesses with sound management teams and competitive advantages that we believe can produce above-average growth over a full market cycle.

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