Fenix Parent LLC, operator of the recycler and reseller of original equipment manufacturer automotive parts, Fenix Parts, announced the closing of the acquisition of the assets of All Pro Auto Parts in Auburndale, Fla. This is the second acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LP […]
Nexsyis Collision Announces Integration with Global Payments
Nexsyis Collision, Inc. and Global Payments Integrated have partnered to provide Nexsyis customers with a secure, integrated payment solution. Collision repair facilities are now able to initiate and reconcile credit, debit and secure chip cards, plus contactless credit cards and digital wallet payments through Global Payments’ credit card payments system from within Nexsyis. Shops can […]
University of the Aftermarket Foundation Expands Scholarship Fields to Include IT/Cybersecurity
The University of the Aftermarket Foundation (UAF) announced its newest field of study for scholarships, IT/Cybersecurity, available for applicants to specify this potential career interest on the newly redesigned Automotive Aftermarket Scholarships Central website. “Demand for IT and cybersecurity professionals is growing in the automotive aftermarket industry as companies large and small need to protect […]
Scott Kostyack Named ProColor Collision Strategic Operations Specialist for South Atlantic Region
ProColor Collision announced the appointment of Scott Kostyack as Strategic Operations Specialist for the network’s operations in North and South Carolina, Georgia, and Florida. In this role, Scott will actively support the day-to-day operations of franchisees, including training and implementing standard operating procedures. He will also support franchisees in managing relationships with suppliers and insurance […]
Quality Collision Group Acquires Five Collision Repair Centers in Minneapolis
Private equity-backed MSO expands into upper Midwest. The Quality Collision Group, that was formed last Fall by Susquehanna Private Capital, has acquired the Master Collision Group that operates four collision repair centers in the Minneapolis, Minn. market and was in the process of acquiring a fifth location when it was purchased by Quality Collision. All […]
Chief Collision Technology Announces Touchless Hail Claim Management Solution
Chief Collision Technology, part of Vehicle Service Group (VSG), will soon offer an automated hail claim management solution with the launch of Constellation. The technology solution will give insurance providers, fleet managers and collision repair facilities a complete hail repair solution—from first notice of loss through the claims process and finally to vehicle repair. Constellation […]
Sonsio and Evolution by Dent Wizard Complete Merger
Sonsio LLC, a provider of vehicle protection and warranty programs to the automotive aftermarket, recently announced its merger with Evolution, Dent Wizard’s F&I vehicle protection division. The merger was effective January 1. The combined company will operate under the Sonsio Vehicle Protection brand. David Jones, Sonsio’s president & CEO, will remain CEO of the newly […]
Service King Opens Two Locations in Houston
Service King Collision announced the opening of two new locations in the Houston, Texas market. The new facilities include the Spring Stuebner location at 7323 N. Grand Parkway W. in Spring, Texas and its Fairbanks facility located at 14641 Northwest Fwy. in Houston. “Due to the pandemic, we originally opened these shops as Satellite Facilities […]
Boyd Group Acquires Collision Repair Center in Colorado
The Boyd Group Inc. announced the acquisition of a collision repair center in Avon, Colo. The new Gerber Collision & Glass location previously operated as Rich’s Auto Body and has serviced the market since 1984. Located in the Western Slope of Colorado, Avon attracts visitors for skiing, mountain biking, and hiking. This repair center is […]
Allstate Closes National General Acquisition
The Allstate Corporation (NYSE: ALL) announced that it closed its previously announced $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a […]
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