Kemper Corporation (NYSE: KMPR) announced that it has an agreement to acquire American Access Casualty Company and its related captive insurance agency, Newins Insurance Agency Holdings, LLC, and its subsidiaries (AAC), in a cash transaction valued at $370 million. The transaction is expected to close in the first quarter of 2021, subject to regulatory approval […]
Farmers Group in Talks to Acquire MetLife’s U.S. Property-Casualty Business
Zurich confirms reports its U.S. subsidiary is exploring acquisition of 16th largest auto insurer in the U.S. Zurich Insurance Group announced its U.S.-based subsidiary Farmers Group, Inc. is in talks with Metlife over a possible acquisition of MetLife’s U.S. property and casualty insurance business. The announcement came after reports regarding a potential transaction with MetLife […]
Classic Collision Acquires Seven Pride Auto Body Locations in Southern California
Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, announced its expansion into the West Coast with the acquisition of all seven Pride Auto Body locations in Southern California. These are Classic Collision’s first locations in California. The Company now operates 54 centers in Georgia, Florida, Alabama, South Carolina, and California. Pride Auto […]
Boyd Group Acquires Collision Repair Center in Wisconsin
The Boyd Group Inc. announced the acquisition of a collision repair center in Oshkosh, Wisc. The new Gerber Collision & Glass repair center previously operated as Tony’s Auto Collision Center and has served the market from this location for 23 years. Oshkosh is located where the Fox River enters Lake Winnebago and is the county […]
Classic Collision Acquires Six Collision Repair Centers in Georgia
Classic Collision, LLC announced its second multi-shop acquisition in the last two weeks with the acquisition of all six Elite Auto Collision locations in the Georgia market. Classic Collision now operates 54 centers in 5 states. Elite Auto Collision has served the Georgia market since 1994 and their customers have come to rely on their […]
Crash Champions Announces Four Collision Repair Center Acquisitions
Firm now has 50 locations in Central U.S. and California. Crash Champions, LLC announced the acquisition of French Davis Collision, Inc. in Missouri, Arnold’s Auto Body, Inc. in Iowa, Fred Rieser Auto Body, Inc. in Ohio, and Open 7 Days Auto Body, Inc. in California, strengthening its existing market presence in the greater Columbus (OH), […]
Wesco Group Acquires PBE Distributor in San Jose
The Wesco Group announced that it has acquired Cook’s Automotive PBE business. Cook’s Automotive has been serving customers in the San Jose, Calif. market for over 100 years. The owner Heinz Bartels will continue to operate his parts business and will be retiring in the future. The PBE team at Cook’s will be joining the […]
Fix Auto UK Acquires Eighth Company Owned Collision Repair Center
Fix Auto UK announced the purchase of Station Garage in Castleford, West Yorkshire, from founders Brian and Ann Frost who are retiring from the industry. The 10,000 sq. ft. facility is the eighth addition to its portfolio of company-owned collision repair centers and the third in Yorkshire. It will operate as Fix Auto Castleford. Speaking […]
Safelite Acquires Lee & Cates Glass Auto Glass Division
The Safelite Group announced the acquisition of the Lee & Cates Glass auto glass business. The transaction was completed on Friday, November 6. Lee & Cates Glass was founded in 1926 by brothers-in-law Thomas D. Lee Sr. and Raymond H. Cates in Jacksonville, Fla. The company grew into a full-service glass business with locations throughout […]
OEConnection Acquires Summit Consulting International
The acquisition enhances OECs ability to leverage data and deliver increased value to customers. OEConnection (OEC) announced today that it has acquired Summit Consulting Int’l, Inc. (SCI), a business intelligence (BI) consulting and solutions provider to the automotive industry. In addition to dealer fixed operations and body shop consulting, training and OEM-certification services, Summit offers […]