Capital S.M.A.R.T Repairs announced it was in final negotiations to acquire Car Repairs Tasmania, enabling the expansion of its collision repair service into Tasmania. The acquisition will complement the existing S.M.A.R.T network of 36 collision repair centers across Australia and New Zealand. “We have been looking to expand our network into Tasmania for some time […]
CCC and American Honda Collaborate on Recall Notification
American Honda to share its open recall data with CCC. Will enable automatic recall alert as collision repair estimates are written for affected Honda and Acura vehicles CCC Information Services Inc. and American Honda Motor Co., Inc. announced today they are working together to strengthen and extend American Honda’s recall outreach efforts. American Honda is the […]
Polaris Private Equity Comments on Car-O-Liner Sale to Snap-On
Polaris, the private equity firm that acquired Car-O-Liner in 2012, explained the rationale for the sale of the company to Snap-On that was announced earlier this week. With Polaris as its owner, the company has seen a period of rapid expansion while simultaneously strengthening its position in the US and China. Jan Dahlqvist, a Polaris […]
Mopar Launches OEM Collision Repair Parts Consumer Awareness Campaign
FCA US LLC’s Mopar brand is rolling out a new awareness campaign designed to both inform consumers of their “Right to Request” OEM collision repair parts and to highlight the benefits of choosing Mopar products over the aftermarket for collision repairs. The initiative includes a new informational ad, embedded below, that details the rights of […]
Maaco Details Growth Plans at Annual Conference
Maaco executives review franchise group’s performance. Driven Brands’ Costa projects Maaco and CARSTAR will each add 100-200 locations over next year. Maaco franchisees from the U.S. and Canada gathered in Charlotte, N.C., the hometown of parent Driven Brands, last week for the Maaco Convention and Tech Expo. The event, held October 12-16, brought together approximately […]
Boyd Group Adds Collision Repair Center in North Carolina
The Boyd Group Inc. announced opening of a new Gerber collision repair center yesterday in Greenville, N.C.. The center previously operated as the collision repair department of Hastings Ford and served the community for 46 years. Greenville is located about 85 miles east of Raleigh, North Carolina and the center is located on a busy […]
Snapsheet Raises $20 Million to License Virtual Claims Processing Technology to Insurance Carriers
Liberty Mutual and USAA subsidiaries among investors in photo estimating technology provider. Snapsheet, the claims technology and services provider, announced the closing of a $20 million series C investment round, led by F-Prime Capital and IA Capital Group, with participation from Liberty Mutual Strategic Ventures, Intact Ventures Inc. and a USAA subsidiary. Snapsheet will use […]
Fix Auto Canada Announces Staff Appointments
Fix Auto Canada announced two staff appointments. Andy Neufeld, formerly Strategic Partner Developer in Ontario, has accepted a new role as Director of Operations for Fix Auto Ontario. Neufeld has spent his entire career in the collision repair industry, from technician through to insurance image desk professional, on a trajectory that has logically placed him […]
Ford Adds Parts to Collision Repair Parts Truckload Discount Program
After adding 58 parts to the Collision Parts Truckload Program in early September, Ford Customer Service Division has expanded the program once again, with 15 additional new parts featuring an overall average list-price reduction of 7.7 percent. The 15 additions include two brackets, two fascias, two grilles, one steel bumper, three step pads, two tail […]
Snap-on to Acquire Car-O-Liner for $155 Million
Snap-on Incorporated (NYSE:SNA) today announced that it has entered into an agreement to acquire Car-O-Liner Holding AB for approximately $155 million in cash. Based in Gothenburg, Sweden, Car-O-Liner, that had trailing 12 month sales of approximately $95 million, is a global provider of collision repair equipment and information and truck alignment systems. Subject to certain […]
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