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TPG Acquires Classic Collision

April 3, 2024 By CollisionWeek Editor

Collision repair facility operator has 262 locations across 16 states. TPG (NASDAQ: TPG) announced that TPG Capital, the U.S. and European private equity platform of TPG, will acquire Classic Collision from New Mountain Capital. Classic Collision’s management team will remain invested in the company. Terms of the transaction were not disclosed. “Today’s announcement is an […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, New Mountain Capital, TPG Capital

Joe Hudson’s Collision Center Announces Seven Acquisitions

April 3, 2024 By CollisionWeek Editor

Multiple collision repair shop operator enters Missouri with acquisition and now has over 200 locations in 16 states. Joe Hudson’s Collision Center announced seven acquisitions across Texas, Kentucky, Arkansas, and its newest state, Missouri. Joe Hudson’s most recent acquisition, Complete Collision, has two locations situated along Route 66, in St. James and St. Robert, Mo. […]

Filed Under: News Tagged With: Acquisitions, Arkansas, Joe Hudson's Collision Center, Kentucky, Missouri, Texas

Crash Champions Acquires Collision Repair Center in Vancouver, Washington

April 3, 2024 By CollisionWeek Editor

Crash Champions announced the April 1 acquisition of Brady’s Auto Body located at 7615 NE 119th Place in Vancouver, Wash. “We’re proud to welcome the Brady’s Auto Body team to Crash Champions as part of another important step forward in our strategic growth plan,” said Matt Ebert, founder and CEO of Crash Champions. “The Brady’s […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Washington State

ProColor Collision Adds Repair Facility to Network in Houston

April 3, 2024 By CollisionWeek Editor

Autos R Us, a woman and minority-owned independent collision repair facility in northeast Houston, Texas, has joined the ProColor Collision network as ProColor Collision Houston NE. ProColor Collision Houston NE, located at 11101 Wallisville Road, has been owned and operators by Erma Palmer for 34 years. “I pride myself in making bold decisions to advance […]

Filed Under: News Tagged With: Network Affiliations, ProColor Collision, Texas

CrashBay Secures $1.25 Million Venture Capital Funding

April 3, 2024 By CollisionWeek Editor

CrashBay, the digital marketplace offering collision repair solutions for fleets and carriers, announced the successful completion of a $1.25 million funding round led by venture capital firm Markd, with participation from other collision and insurance industry veterans. The funding marks a pivotal milestone in CrashBay’s commitment to transforming the collision repair industry and reshaping direct […]

Filed Under: News Tagged With: CrashBay, Markd, Venture Capital

CIF Announces 2024 Board of Trustees

April 3, 2024 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced their Board of Trustees and elected Officers for 2024. The Board includes 15 industry leaders who have volunteered their time and made the commitment to serve the mission and vision of CIF. The incoming 2024 Officers are as follows: President – Dan Risley, CCC Intelligent Solutions Inc. Vice President […]

Filed Under: News Tagged With: Board of Trustees, Collision Industry Foundation, People

Classic Collision Acquires Two Repair Facilities in Florida

April 2, 2024 By CollisionWeek Editor

Acquisition marks 100th business acquired as part of four-year growth plan. Classic Collision, LLC announced the acquisition of Heat Collision Auto Body Specialist in North Miami and West Park, Fla. The acquisition marks the 100th business Classic has acquired as part of an aggressive four-year growth plan. In August 2021, Classic announced that as a […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Alex Stapleton Named Sales and Marketing Director at Spanesi Americas

April 2, 2024 By CollisionWeek Editor

Timothy Morgan retired April 1. Jeramy Holloway named Director of Aftersales. Spanesi Americas announced the appointment of Alex Stapleton as North American Sales and Marketing Director and Jeramy Holloway as Director of Aftersales. These appointments are part of Spanesi’s effort to strengthen its leadership team, enhance its service and support across Canada and the United […]

Filed Under: News Tagged With: People, Spanesi

AASP-MN Announces 2024-2025 Board of Directors

April 2, 2024 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) welcomed new board members during the AASP-MN Annual Meeting & Leadership Conference, March 28, at the Crowne Plaza Minneapolis West in Plymouth, Minn. New board members included: Scott Miller, Collision Specialists, Inc., Austin (Collision seat), Brandon Wistrom, Deano’s Collision & Mechanical, Elk River (Collision seat); and […]

Filed Under: News Tagged With: AASP-MN, Board of Directors, People

BendPak Founder Don Henthorn Passes Away

April 2, 2024 By CollisionWeek Editor

Don Henthorn, owner and founder of BendPak Inc., passed away at home Thursday, March 28, at the age of 85. Under his leadership, BendPak has grown from a small machine shop to one of the world’s leading manufacturers of car lifts and automotive service equipment. Management and operations of the privately owned company are unchanged. […]

Filed Under: News Tagged With: BendPak, Obituaries

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