Crash Champions, LLC announced the acquisition of Fountain Valley Bodyworks, Inc., the largest family owned MSO with two locations in Orange County, Calif. With the addition of Fountain Valley Bodyworks, Crash Champions now has 25 shops in Southern California. Crash Champions has 47 total locations across Illinois, Ohio, Wisconsin, Missouri, and California. Founded in 1974 […]
Susquehanna Private Capital Acquires Four Collision Repair Centers in Pennsylvania, Forms Quality Collision Group
Susquehanna Private Capital, LLC (SPC) announced the acquisition of Brandywine Coach Works a multiple collision repair shop facility operator with four centers that is headquartered in Chadds Ford, Pa. In conjunction with the announcement, SPC announced the formation of Quality Collision Group (QCG), a holding company that will pursue strategic acquisitions of auto repair facilities […]
Patrick Brown Named President and CEO of OEConnection
OEConnection LLC (OEC), the leading technology provider to automotive original equipment manufacturers, has announced the appointment of Patrick C. Brown as its new President and CEO. Patrick succeeds Chuck Rotuno who was named Executive Chairman. These changes are effective immediately. Brown brings extensive experience running high-growth companies in the FinTech, InsurTech and automotive industries. Most […]
Axalta Extends Free Online Curriculum Offering to All Vocational Schools
Axalta (NYSE: AXTA) today announced that its online refinish curriculum is available to all vocational schools at no charge. This offering, which originally began as a pilot program with just a few vocational schools, is being extended to support all vocational schools in North America and their students, specifically at a time when distance learning […]
Private Equity Firm Seeks Delisting of Opus Group Shares
Firm formed by Searchlight Capital Partners and Opus CEO controls more than 90% of the publicly-traded shares. Ograi BidCo AB announced it now controls of more than 90 per cent of the shares in Opus Group AB (publ) and is seeking a delisting of the firms share and initiate a compulsory redemption of the remaining […]
CSN Adds Collision Repair Facility to Network in Calgary
CSN has announced that CSN Autolab in Calgary, Alberta, Canada is the latest collision repair facility to join its network. The leadership team at CSN Autolab consists of three childhood friends whose relationships date back to elementary school. CSN Autolab CEO, Ryley Churchill, got his start in the collision repair industry as a detailer fresh […]
Copart Announces Senior Leadership Appointments
Copart, Inc. (NASDAQ:CPRT) announced the appointment of three new members to its senior executive leadership team including Chief Operating Officer Steve Powers, Chief Marketing and Product Officer Scott Booker, and Chief Financial Officer John North. All three executives will work from Copart’s global headquarters in Dallas, Texas and will report to Copart President Jeff Liaw. […]
Pennsylvania Towing Company Owner Among More than Dozen Charged with Conspiring to Commit $24 Million PPP Loan Fraud
A Florida recording artist and a Pennsylvania towing company owner have been charged for their alleged participation in a scheme to file fraudulent loan applications seeking more than $24 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Diamond […]
Wesco Group Acquires Sacramento Distributor
The PBE distributor now has 71 stores in the western U.S. and Canada. The Wesco Group, the paint, body and equipment distributor in the western U.S. and Canada, is announced that Jim’s Color Corner has joined the Wesco family of companies. Jim’s Color Corner has been serving customers in the Sacramento area since 1959. “We […]
Industrial Finishes & Systems Opens Distribution Center in California
Industrial Finishes & Systems Inc. announced the opening of a distribution center in Escondido, California. “Escondido is a very strategic market from both a geographic and business standpoint. Escondido’s position just south of our current California locations allows us to provide exceptional service to customers in the area. We look forward to bringing our broad […]
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