McCormack Auction Systems was founded in July 1976 and its success has led it to be the newest member of the Auction Systems Group, a multinational auction firm selling business overstock, assets and real estate for corporations, government and the private sector in the US and abroad. McCormack Auction Systems is the preeminent service and results auction provider in San Diego , California . The Auction Systems Group is an INC. 500 company, having been on the list for ten consecutive years and is a leader in the Worldwide auction business.