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You are here: Home / Archives for Acquisitions

Lift Auto Group Acquires Collision Repair Center in British Columbia

September 21, 2023 By CollisionWeek Editor Leave a Comment

CSN Northline in Smithers, British Columbia, Canada, has been acquired by the Lift Auto Group. Previous owner, Dave Onderwater, with his 30 years of ownership and operational experience, will be continuing as the main painter in the shop. His involvement will play a crucial role in maintaining the high-quality standards that have been synonymous with […]

Filed Under: News Tagged With: Acquisitions, British Columbia, Canada, CSN Collision Centres, Lift Auto Group

CCC’s Majority Shareholder Reported Considered Selling Stake in Company

September 20, 2023 By CollisionWeek Editor Leave a Comment

According to a report by Reuters, Advent International is considering selling its stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS). The private equity firm acquired its stake in 2017 when it purchased the company from CCC’s previous owners Leonard Green & Partners (LGP) and TPG Capital (TPG). CCC was taken public in 2021 through a […]

Filed Under: News Tagged With: Acquisitions, Advent International, CCC

Classic Collision Acquires 6 Collision Repair Centers in Virginia

September 18, 2023 By CollisionWeek Editor Leave a Comment

Marks entry into the state. Classic Collision, LLC announced it closed the acquisition of six new collision repair centers on September 15. The Atlanta-based multi-site collision repair operator acquired Elite Auto Body Group, one of the largest independently owned groups in the Tidewater area of Virginia. The newly acquired locations are Classic’s first collision repair […]

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

J.D. Power Acquires Autovista Group

September 12, 2023 By CollisionWeek Editor Leave a Comment

Adds European and Australian automotive data and analytics provider of vehicle valuation and repair estimate data. J.D. Power today announced a definitive agreement to acquire Autovista Group, a pan-European and Australian automotive data, analytics and industry insights provider. The acquisition complements J.D. Power’s strengths in vehicle valuation and detailed vehicle specification data and analytics while […]

Filed Under: News Tagged With: Acquisitions, Australia, Europe, J.D. Power

OpenRoad Collision Acquires 6 Collision Repair Centers in Oklahoma

September 12, 2023 By CollisionWeek Editor Leave a Comment

OpenRoad Collision announced a strategic partnership with Bill Knight Collision, a six location multi-shop operator (MSO) with locations in Tulsa and Stillwater, Okla. Combined, the OpenRoad Collision family of brands now owns and operates collision repair centers across Texas, New Mexico, and Oklahoma. The addition of Bill Knight Collision not only expands OpenRoad Collision’s geographic […]

Filed Under: News Tagged With: Acquisitions, Oklahoma, OpenRoad Collision

Asbury Automotive Group Acquires Jim Koons Automotive

September 11, 2023 By CollisionWeek Editor Leave a Comment

Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware. Asbury Automotive Group, Inc. (NYSE: ABG) announced an agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is […]

Filed Under: News Tagged With: Acquisitions, Asbury Automotive Group, Delaware, Maryland, Virginia

Classic Collision Acquires Two New Collision Repair Centers in Houston, Texas

September 11, 2023 By CollisionWeek Editor Leave a Comment

Classic Collision, LLC announced the acquisition of Meyerland Collision Centers in Houston, Texas. Meyerland Collision Centers has been family-owned and proudly serving the Houston Meyerland area for more than 15 years. The Meyerland team, equipment, and facilities all demonstrate their commitment to providing you with the best available customer service and quality care possible. “Our […]

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

Longtime Minnesota Abra Franchisee Acquires Fifth Location

September 7, 2023 By CollisionWeek Editor Leave a Comment

Kedrick and Louann Johnson, owners of KLST Inc., the owners of Abra Elk River, Abra Princeton, Abra St. Cloud, and Abra Duluth in Minnesota, recently purchased their fifth collision repair center, Abra Cloquet, from fellow franchisee, Mike DeBoer. Kedrick began his career working alongside his uncle in the 1960s. Kedrick continued to develop his skills […]

Filed Under: News Tagged With: ABRA, Acquisitions, KLST Inc., Minnesota

Crash Champions Acquires Two Collision Repair Centers in New Jersey

September 6, 2023 By CollisionWeek Editor Leave a Comment

MSO now has six locations in the Garden State. Crash Champions today announced the acquisition of Terry’s Auto Body in Whippany, N.J., and Towne Auto Restoration in Randolph, N.J. The acquisition officially closed on Friday, August 25. Crash Champions now has six locations in New Jersey and more than 600 repair centers in 36 states […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, New Jersey

Colours Acquires 5 Location PBE Distributor in Illinois

September 5, 2023 By CollisionWeek Editor Leave a Comment

With the acquisition, the Pennsylvania-based distributor has 50 locations in ten states. Colours Inc. announced the acquisition of a paint, body and equipment distributor with five locations in Illinois. Colours announced August 30 that it acquires A&B Auto Body Supply that operates locations in Peru, Bloomington, Peoria, Sterling and South Beloit, Ill. With the acquisition, […]

Filed Under: News Tagged With: Acquisitions, Colours Inc., Illinois, PBE Distributor

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