Pacific Elite, the family owned operator of collision repair shops in California, today announced a merger with Crash Champions, LLC, a leading regional collision repair business in the greater Chicago area. The newly combined company (CombineCo) will be the 5th largest independent MSO in the country according to the company, with an established presence in […]
Boyd Group Acquires Collision Repair Center in Wisconsin
The Boyd Group Inc. announced the acquisition of a collision repair center in Waukesha, Wisc. The new Gerber Collision & Glass location previously operated as Nagel Auto Body, providing service since 1986. Waukesha is the county seat of Waukesha County and home to Carroll University, Wisconsin’s first four-year institution of higher learning. Waukesha is located […]
Broadway Automotive Acquires Pietroske Dealership in Wisconsin
Broadway Automotive announced it is purchasing the Pietroske Chevrolet, Buick, GMC and Cadillac dealership in Manitowoc, extending its operations within Northeast Wisconsin. The dealership purchase agreement includes the Pietroske Chevrolet, Buick, GMC and Cadillac dealership and property at 4000 Grand Ave. in Manitowoc. While Broadway currently operates a Chevrolet dealership at 2700 Ashland Ave. in […]
Boyd Group Acquires 14 Collision Repair Centers in Michigan and Indiana
The Boyd Group Inc. announced the acquisition of 14 collision repair centers in Michigan (8 locations) and Indiana (6 locations). The new Gerber Collision & Glass shops were previously branded as Vision Collision, 14/69 Auto Body, Angola Collision Services and Mcfall’s Collision & Frame Service in the Ft. Wayne, Indiana, and Lansing, Michigan, areas. Ft. […]
ProCare Collision Acquires Six Locations in Houston
ProCare Collision, the Texas-based Multi Shop Operator (MSO), announced today that they have acquired six Hodges Collision locations in the Houston metro area. With this acquisition, ProCare now has 41 shops in Texas, with 11 in the Houston market. ProCare Collision will now service new areas around Houston including The Woodlands, Spring, Magnolia and Deer […]
State Farm Exits Banking Business
Enters into strategic alliance to bring U.S. Bank products and services to State Farm customers. State Farm announced it was exiting its banking business and forming a strategic alliance with U.S. Bank. Under the alliance, U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts and State Farm agents will have the […]
LKQ Completes Sale of Two Czech Distributors
LKQ Corporation (Nasdaq: LKQ) announced that it has closed its previously announced agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. Dominick Zarcone, President and Chief Executive Officer of LKQ, stated, “This divestiture reinforces our ongoing commitment to rationalizing […]
Crash Champions Acquires Three Collision Repair Centers in Ohio
Crash Champions, the Illinois-based multiple collision repair shop operator, announced acquisition of three collision repair centers from Auto Body Collision and Glass (ABCG) in Columbus, Ohio. The acquisition, effective March 2, marks Crash Champions first expansion outside Illinois. Darrell Patterson, Executive Vice President of ABCG, along with his teammates, will be integrated into the Crash […]
ProCare Collision Acquires Penske Collision Center in Houston
ProCare Collision announced it has acquired a Penske Collision Center in Houston, Texas. ProCare now has five locations in and around the Houston market and 35 overall including the opening in Pflugerville, Texas, near Austin, that CollisionWeek reported on February 20. “We appreciate our time working with all the great people throughout this process. This […]
All Star Auto Lights Acquires Headlights 101
All Star Auto Lights, the specialty distributor of alternative automotive lighting parts, announced the acquisition of Headlights 101, a Fayetteville, Ga.-based provider of refurbished headlights to the collision repair industry, automotive dealers, and consumers. Matt Immerfall, Chief Executive Officer of All Star Auto Lights, said, “We are focused on identifying high quality investment opportunities, with […]