(January 15, 2014) PHOENIX — ClassicCars.com, the world's largest online marketplace devoted to classic and collector cars, today announced the acquisition of similarly named competitor ClassicCar.com and its associated websites serving Canada, the United Kingdom, Australia, and Ireland.

The acquisition is part of ClassicCars.com's aggressive growth strategy to expand its customer base and content offerings while strengthening its leadership position in online classic car sales.

Word of the acquisition comes on the heels of the company's announcement of its new high-profile blog, among other strategic moves.

"Our U.S. growth has been tremendous at 129% year over year, and this acquisition puts us in an even better position to grow an already substantial international presence," said Roger Falcione, president and CEO of ClassicCars.com.  "2014 is a breakout year for ClassicCars.com, and we see the ClassicCar family of properties as an important strategic asset."

ClassicCars.com attracts more than 1.6 million visitors each month (1.2 million uniques) and encompasses online listings of more than 30,000 classic and collector cars for sale with an aggregate value well in excess of $1 billion. Alexa Internet, Inc., an Amazon subsidiary that measures websites based on traffic and engagement, ranks ClassicCars.com higher than any other classic car website, including Hemmings and AutoTrader Classics.

Management and operations of the acquired websites will be based out of the ClassicCars.com corporate offices in Phoenix, Ariz.