Funding to support acquisition and consolidation plans. Announces first three corporate acquisitions.
Caliber Collision Centers, Inc. announced February 6 that Keystone Inc., formerly The Robert M. Bass Group, and Zurich Centre Investments Limited have invested $20 million in equity to support Caliber’s efforts to lead the consolidation of the fragmented collision repair industry.
Caliber plans to use the capital to acquire and consolidate high quality, high volume collision repair centers and to continue building the company’s operating infrastructure. Its initial acquisition efforts are directed toward Southern California and future expansion into Northern California and additional states are anticipated.
Simultaneous with
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