ABRA Auto Body Repair of America is celebrating the team at ABRA Mankato, located in Mankato, Minn., for attaining 30 consecutive years in I-CAR’s Gold Class program. Achieving and maintaining I-CAR’s Gold Class designation means a business has met the industry’s standard for training that contributes to complete, safe and quality repairs. More than 8,600 […]
ABRA Celebrates Grand Opening of the New Collision Repair Facility in Michigan
ABRA Auto Body Repair of America is celebrating its growth as ABRA Grand Rapids moves into a brand new 22,500 square foot state-of-the-art facility. Located at 3145 29th St SE, in Kentwood, Mich., ABRA Grand Rapids has been a part of the community for over 10 years and decided to expand their operations into a […]
Driven Brands Reports Adding 57 New Collision Repair Centers in First Half of 2021
Driven Brands Collision announced its collision repair networks, ABRA Auto Body Repair of America, CARSTAR and Fix Auto USA, had strong operational performance across its brands and added 57 new collision repair centers in the first half of 2021. ABRA Auto Body Repair of America continues to outpace the industry in it’s returned-to-shop metric, maintaining […]
ABRA Adds Four Collision Repair Centers to its Network
Adds new centers in Georgia, Iowa, Minnesota and Montana. ABRA Auto Body Repair of America announced the addition of four new collision repair shops to its network. The new facilities include: ABRA Woodstock in Woodstock, Ga., ABRA Billings in Billings, Mont., ABRA Duluth in Duluth, Minn. and ABRA North Liberty in North Liberty, Iowa. The […]
Driven Brands Files for Initial Public Offering
Driven Brands Holdings filed on December 22 with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering. Rennaissance Capital said, however, the deal is likely a placeholder for an IPO we estimate could raise up to $600 million. Driven Brands franchise network has 4,100 locations across […]
Driven Brands Hosts Joint Virtual Summit for ABRA, CARSTAR and Fix Auto USA Collision Repair Brands
For the first time, Driven Brands family of collision repair companies will gather virtually for its 2020 convention – themed UNIT3D. “Our goal is to create a united group of brands that collectively help build our business and drive our success,” said Dean Fisher, president of the Driven Brands Collision Group. “This virtual summit is […]
Driven Brands Acquires ABRA Franchise Subsidiary
Michael Macaluso named president of Driven Brands new Collision Vertical, Dean Fisher named president of CARSTAR. Driven Brands today announced its acquisition of ABRA Automotive Systems LP, the franchising subsidiary of ABRA Auto Body Repair of America (ABRA). The move adds 55 franchised collision repair facilities to the collision repair portfolio of Driven Brands. The […]
Penfund Announces $150 Million Investment in Caliber
Penfund, the Toronto, Canada-based provider of junior capital to middle market companies in the US and Canada, announced it completed of a $150 million second lien debt investment in Caliber Collision Centers as part of a small club of lenders providing a $600 million second lien credit facility. The proceeds of this facility, together with […]
Caliber and Abra Merger Closes
Combined company operates more than 1,000 collision repair centers in 37 States and District of Columbia. Caliber Collision Centers and Abra Auto Body Repair of America today announced the closing of their merger that was announced in December. “Caliber and Abra have very similar leadership philosophies and cultures. Combining these two world-class organizations will allow […]
Big 4 Collision Repair MSO Location Growth in North America Exceeds Last Year
The Caliber-ABRA merger focuses attention on the large MSO growth. With more than three weeks left in 2018, ABRA, Boyd, Caliber and Service King have already grown their total number of locations at both a higher unit and percentage growth rate compared to last year. With ABRA’s announcement on December 4 that its latest acquisitions […]
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