UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 12, 2006

 

ADESA, INC.

(Exact name of Registrant as specified in its charter)

 

Delaware

 

1-32198

 

35-1842546

(State of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

13085 Hamilton Crossing Boulevard
Carmel, Indiana 46032

(Address of principal executive offices)

(Zip Code)

 

(800) 923-3725

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 4.01. Change in Registrant’s Independent Registered Public Accounting Firm.

(b) On May 12, 2006, the Audit Committee of the Board of Directors of ADESA, Inc. (the “Company”) approved the engagement of KPMG LLP (“KPMG”) to audit the Company’s financial statements for the fiscal year ending December 31, 2006. In connection with the audit of the Company’s 2006 financial statements, the Company entered into an engagement agreement with KPMG which set forth the terms by which KPMG will perform audit services for the Company. That agreement is subject to alternative dispute resolution procedures and an exclusion of punitive damages.

During the 2004 and 2005 fiscal years and the subsequent interim period from January 1, 2006 through May 12, 2006, the Company has not consulted with KPMG with respect to any of the matters or reportable events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.

2



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated:  May 15, 2006

ADESA, INC.

 

 

 

 

 

/s/ Cameron C. Hitchcock

 

Cameron C. Hitchcock

 

Executive Vice President and Chief

 

Financial Officer

 

3