PNC Riverarch Capital announced the acquisition of Painters Supply & Equipment Co. (PSE), the distributor of automotive, industrial, and architectural coatings headquartered in Taylor, Mich. PSE has 21 branch locations across Michigan, Ohio, and Indiana. PSE serves more than 4,000 customers, including collision repair shops, auto dealerships, fleet operators, and various other commercial and industrial […]
Opus Group Acquires Autologic Diagnostics
The Opus Group AB (STO:OPUS)announced June 16 it has acquired Autologic Diagnostics (Holdings) Ltd, the UK-based automotive diagnostics firm. The purchase price is £8 million ($10.1 million) on a cash and debt free basis. Autologic had 2016 revenues of approximately £16.5 million ($20.8 million) with earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for non-recurring […]
Boyd Group Acquires Collision Repair Center in Georgia
The Boyd Group Inc. announced the June 14, opening of a new Gerber-brand collision repair center in Greensboro, Ga., about 75 miles east of Atlanta. The center previously operated as Rodfathers Collision Center & Sales. “This location increases our presence in central Georgia and is well-situated in proximity to the busy Interstate 20 and U.S. […]
Scott’s Collision Centers and Duncan Autobody Merge to Form Legacy Autobody Group in Eastern Pennsylvania
Multiple shop operator has four locations in eastern Pennsylvania covering the Lehigh Valley, Upper Bucks County and the Pocono regions. Duncan Autobody with two locations in Allentown and Quakertown, Pa. and Scott’s Collision Centers, with two locations in Easton and Stroudsburg, announced they have merged effective June 1st to form the Legacy Autobody Group. The […]
Uni-Select Acquires KC Distributing in Ontario, Canada
Uni-Select Inc. (TSE:UNS), announced that its Bumper to Bumper subsidiary has completed the acquisition of KC Distributing Inc. with one location in Owen Sound, Ontario, Canada. KC Distributing is a family-owned enterprise, with over 30 professionals, that provides automotive products including paint and body supplies to the southwestern Ontario market. “With this transaction, we add […]
Axalta Acquires Swiss Spies Hecker Distributor
Axalta Coating Systems (NYSE:AXTA) announced it has signed an agreement to acquire CH Coatings AG, an importer and distributor throughout Switzerland of Spies Hecker, one of Axalta’s refinish brands, in addition to Axalta’s line of industrial coatings and powder coatings. “CH Coatings has been successfully operating throughout Switzerland for many years and, like Axalta, always […]
OEConnection Holdings Acquires UK-Based OEM Data Firm
OEConnection Holdings, LLC announced today that it is acquiring Clifford Thames Group, a leader in automotive data creation and management. Headquartered in Chelmsford, England with offices in Detroit, Michigan; Melbourne, Australia; Krakow, Poland; Bonn, Germany; Paris, France; and Chennai, India, Clifford Thames (CT) creates and manages the data needed to repair and maintain vehicles for […]
Solera Acquires Dutch Auto Insurance Software Company Colimbra
Solera Holdings, Inc. announced the acquisition of the Netherlands-based insurance software company, Colimbra Holding B.V. This is Solera’s second acquisition in the Netherlands during the last six months. In January, Solera announced the acquisition of Digidentity B.V., a provider of next-generation technologies that secure and authenticate online identities. Colimbra specializes in intelligent data management software […]
Solera Proposes Sale of E3 Technical in UK to Satisfy Competition Authorities Concerns on Autodata Acquisition
UK Authority will consider proposal to divest technical information provider to preserve competition. The United Kingdom Competition and Markets Authority (CMA) announced yesterday that it is considering proposals from Solera to overcome competition concerns over its January acquisition of Autodata. According to the CMA, Solera has proposed to sell E3 Technical, which is part of […]
CARSTAR St. Thomas Changes Ownership
CARSTAR St. Thomas, located 15 Queen St, St. Thomas Ontario, Canada, is under new ownership. The collision center has recently been sold to Mike and Liz DeRuiter, owners of CARSTAR Strathroy. After 17 years of ownership of CARSTAR St. Thomas, George and Donna Fischtner are retiring.. Kyle Holmes, who has been with the company for […]