CenterOak Partners LLC, a Dallas, Texas based private equity firm, announced the formation of TruRoad Holdings, Inc. through its investment in JN Phillips Auto Glass and subsequent combination with Techna Glass, Inc. According to the company together, the new firm is the second largest automotive glass and claims-management company in the United States. CenterOak’s investment will provide capital to support the growth of the newly formed entity.
TruRoad operates in two primary segments – auto glass and recalibration and insurance claim services – and goes to market under the JN Phillips Auto Glass, Techna Glass, Windshield Centers, and Harmon Auto