Caliber Collision Centers announced that its senior management team, in partnership with a Canadian private equity firm, ONCAP, has become the company’s new owner in a deal that closed October 31. ONCAP is a mid-market private equity firm based in Toronto.
The deal gives ONCAP ownership of the company along with certain members of senior management who have taken an equity stake in the 66-location consolidator.
Michael Lay, Managing Partner of ONCAP, said, “We believe that Caliber’s leading market position, extensive insurance relationships and excellent customer service has positioned the company well for growth.”
“This partnership represents a new chapter
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