CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Carlyle Group Completes Acquisition of Innovation Group

Carlyle Group Completes Acquisition of Innovation Group

December 9, 2015 By CollisionWeek Editor

The Carlyle Group (NASDAQ: CG) last week announced the successful acquisition of Innovation Group (LON: TIG) for £500 million ($689 million).

Originally announced in September, capital for the acquistion came from Carlyle Europe Partners IV (CEP IV), a European-focused upper-mid market buyout fund. Further terms of the transaction were not disclosed.

Founded in 1996 and employing more than 3100 people, Innovation Group is an independent provider of auto and home claims management services for insurers, brokers, fleet & leasing companies, as well managing service and warranty plans for auto manufacturers and dealers. It boasts more than

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Acquisitions, Carlyle Group, Innovation Group

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • 45.1 Million Americans Expected to Travel Domestically for Memorial Day May 22, 2025
  • U.S. Average Vehicle Age Rises to 12.8 Years in 2025 May 22, 2025
  • Doan Group Adds South Carolina Franchise May 22, 2025
  • Carolinas Collision Association Awards $16,000 in Tool Grants to Eight Students May 22, 2025
  • UAP/NAPA Joins I-CAR Canada Sustaining Partnership Program May 22, 2025
  • Wholesale Used-Vehicle Prices Decrease in First Half of May May 21, 2025
  • Congressional Committee Approves Tax Code Changes Benefiting Auto Repair Facilities May 21, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in