CollisionWeek

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

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Canadian Business Growth Fund Invests CDN$15 Million in BC-based Lift Auto Group

Canadian Business Growth Fund Invests CDN$15 Million in BC-based Lift Auto Group

October 5, 2018 By CollisionWeek Editor

First Investment by fund will enable Kelowna-based collision repair shop operator to execute on acquisition strategy.

The Canadian Business Growth Fund (CBGF) announced October 2 that it has invested CDN$15 million ($11.6 million) in the Lift Auto Group. The deal is CBGF’s first investment as part of its mandate to provide long-term, patient, minority capital to ambitious entrepreneurs and their high-growth mid-market Canadian companies.

Lift Auto Group logoLift is a Kelowna-based company and a consolidator of collision repair centers. The company currently has six locations in British Columbia and Alberta and plans to expand its footprint across Western Canada. A portion of CBGF’s

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: British Columbia, Canada, Canadian Business Growth Fund, Lift Auto Group, Private Equity

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Copart Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations Non-OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • AAA Reports Consumer Skepticism Toward Autonomous Driving Features Justified May 13, 2022
  • PPG CEO Details Inflation’s Impact on Coatings Business in CNBC Interview May 13, 2022
  • CARSTAR Conference July 13-15 in Nashville May 13, 2022
  • Former WMABA Executive Director Sheila Loftus Passes Away May 13, 2022
  • AASP-MN 27th Annual Golf Outing June 15 May 13, 2022
  • Collision Repair Industry Production Exceeds 8 Million Hours Per Week for First Time in March May 12, 2022
  • Collision Repair Labor Rate Rally Planned for May 18 at Massachusetts State Capitol May 12, 2022

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 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in