Agreement with MAPFRE U.S.A. Corp. and ACIC Holding Co., Inc. expands Plymouth Rock’s auto and home insurance business in New York and New Jersey. Plymouth Rock Assurance Corporation reached agreement today to continue its expansion into the New York State insurance market with the acquisition of MAPFRE Insurance Company of New York, subject to regulatory […]
Boyd Group Acquires Collision Repair Centers in Illinois and Ontario, Canada
Adds Gerber location in Chicago market, Assured Automotive collision repair center in Bradford, Ontario. The Boyd Group Inc. announced the June 8 opening of a collision repair center in Chicago, Ill. The center previously operated as Brown’s Auto Construction and served the West Ridge neighborhood of Chicago for approximately 60 years. This popular north-Chicago neighborhood […]
Safelite Acquires Richardson Auto Glass
The Safelite Group announced it has acquired Richardson Auto Glass. The transaction was completed on June 4. Richardson Auto Glass, that was founded in 1992, serves Dallas, Texas, surrounding communities, and east into Louisiana. “This acquisition nicely leverages the strengths of both businesses and enhances the opportunity to expand our customer base while increasing the […]
Boyd Group Acquires Two Collision Repair Centers in Georgia
The Boyd Group Inc. announced the May 25, opening of two Gerber collision repair centers in Marietta and Canton, the northern suburbs of Atlanta, Ga. The centers were previously operated as Cherokee Collision Centers, and are situated approximately 16 miles apart. Both repair centers are located within two miles of the well-traveled Interstate 575. This […]
LKQ Finalizes Stahlgruber Acquisition
LKQ Corporation (NASDAQ:LKQ) today announced the closing of its acquisition of Stahlgruber GmbH from Stahlgruber Otto Gruber AG that was announced in December. Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations in Germany, Eastern Europe, Italy, and with further sales […]
Boyd Group Acquires Collision Repair Center in Louisiana
The Boyd Group Inc. announced the May 18, 2018 opening of a collision repair center in Alexandria, La. The center was previously operated as Kyle’s Collision Center and is located near the busy highways Route 167 and Interstate 49 and about 90 miles north of Gerber’s collision repair center in Lafayette. “We are very pleased […]
Wesco Group Acquires Auto Paint Specialties
Adds three store PPG distributor in western Washington State. The Wesco Group Inc. announced it completed the acquisition of Auto Paint Specialties, a three store PPG Platinum distributor in western Washington State. Dan Gemeroy the President of APS will join the acquisition team at the Wesco Group. “The decision became easy after working with Wesco, […]
Sanel Auto Parts Joins NAPA, Acquires 8 Stores
Sanel Auto Parts, Co. announced that the company is joining NAPA Auto Parts. Under its new name, Sanel NAPA, the company will continue to be independently owned and operated by the Segal family, the fourth generation to lead the company. The parts and paint distributor will also be purchasing eight additional NAPA stores, three in […]
Boyd Group Reports Sales Up 19.6% in First Quarter
Same stores sales up 4 percent The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2018. Sales increased by 19.6 percent to CA$453.3 million ($351.6 million) from CA$378.9 million ($293.9 million) in 2017, including same-store sales increases of 4.0 percent Adjusted earnings before interest, taxes, depreciation […]
Wesco Group Acquires United Paint Specialties
The Wesco Group Inc. announced it completed the acquisition of United Paint Specialties, a two paint and body distribution store operation in Western Washington State. “Pat Sherman the President of UPS will join the Wesco Group as an equity partner, and will help us grow as we expand our footprint across the country,” said Roger […]