The Vella Group said it has acquired GB Flint Coachworks, a family-owned collision repairer located between Derby and Nottingham, bringing the U.K. multi-site operator to 20 locations across England and Wales. The deal extends Vella’s footprint into the East Midlands. Private equity firms Ama Capital and Keyhaven Capital Partners backed a management buyout of the […]
AkzoNobel Reports First Quarter Results
AkzoNobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) reported first-quarter 2026 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of €345 million ($404.2 million) on April 22, a 3% decline as reported but a 7% increase at comparable scope and constant currencies, as the coatings supplier delivered its fourth consecutive quarter of year-over-year margin expansion. Adjusted […]
UK Competition and Markets Authority Opens Comment Period on AkzoNobel-Axalta Merger
The U.K.’s Competition and Markets Authority (CMA) opened a 15-day invitation to comment on April 16 on the proposed $25 billion merger of Akzo Nobel N.V. and Axalta Coating Systems Ltd., the first formal step in the British regulator’s review of a combination that would create the world’s No. 2 coatings company. The CMA is […]
AkzoNobel to Sell Pakistan Subsidiary to Packages Group in €50 Million Deal
AkzoNobel has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, part of Pakistan-based conglomerate Packages Group, in a transaction valued at 16.2 billion Pakistani rupees, or €50 million ($58.9 million). The deal represents an EV/EBITDA multiple of 14x. The Pakistan divestment is the next move in AkzoNobel’s strategic portfolio […]
New Ownership Announced for Abra Yankton Franchise in South Dakota
Abra Auto Body Repair has a new franchise owner in southeastern South Dakota, with Bruce Nerison taking the reins of Abra Yankton, the company announced. The ownership transition maintains local service at the 8,000-square-foot facility, which operates inside Northtown Chevy Buick GMC and employs five technicians across more than 10 work bays and two paint […]
Large Regional Independent MSOs Adding Locations
Focus Advisors reports 13 MSOs added locations in past six months. Thirteen independent multiple-shop operators with eight or more collision repair locations added at least one store between Oct. 1, 2025, and April 1, 2026, according to proprietary location data published by Focus Advisors. The growth spanned franchise operators, family-owned groups and regional platforms across […]
Enlyte Completes Acquisition of PartsTrader
Enlyte has closed its acquisition of PartsTrader, the parts procurement marketplace, the companies announced April 6. Financial terms were not disclosed. PartsTrader becomes a wholly owned subsidiary of Enlyte and will continue to operate as an independent entity alongside Mitchell’s Auto Physical Damage division, the parent of Mitchell, Genex and Coventry said. Both Mitchell and […]
VIVE Collision Acquires 3 Repair Facilities in New Jersey
Reaches 75 location milestone. VIVE Collision has acquired Cherry Collision, adding three collision repair facilities in southern New Jersey and bringing the regional MSO’s total footprint to 75 locations across the Northeast. The deal extends VIVE Collision’s presence deeper into the New Jersey market, where the company has been operating since its early expansion years. […]
BASF Coatings Names CEO for Post-Carlyle Standalone Company
BASF Coatings announced March 26 that Jens Luehring will become chief executive officer of the company when the pending sale to Carlyle Group closes, replacing Dr. Uta Holzenkamp, who has led the coatings division since 2022. The leadership transition is the latest step in the carve-out of BASF’s automotive OEM coatings, automotive refinish coatings and […]
TPG, Allianz Lead $350 Million Investment in Cambridge Mobile Telematics
State Farm also participated in latest investment round. Cambridge Mobile Telematics, the telematics and AI platform used by major auto insurers including State Farm and Progressive, has received a $350 million strategic investment led by private equity firm TPG and Allianz X, the strategic investment arm of insurer Allianz Group. State Farm also participated in […]
- 1
- 2
- 3
- …
- 126
- Next Page »