Service King Collision Repair Centers announced the organization its seventh location in the Las Vegas market, iCollision Auto Body and Paint. iCollision first opened for business in Las Vegas in 2015. In 16 months, the business quickly quadrupled from four employees to 16. The facility is 20,000 sq. ft. and has capacity to repair more […]
Car Guys Collision Repair Acquires Location in Homosassa, Florida
Car Guys Collision Repair, a Florida based multiple collision repair shop operator (MSO), announced the acquisition of Dave’s Body Shop in Homosassa, Fla.. Dave’s Body Shop was opened in 1975 by Dave and Janice Warren. DJ Mitchell, Director of Operations for Car Guys Collision Repair, said “We are pleased to have had the opportunity to […]
Boyd Group Acquires Collision Repair Center in North Carolina
The Boyd Group Inc. announced the October 26, 2016 opening of a new Gerber-brand collision repair center in Greenville, N.C. The center previously operated as Bland & Newsome Auto Body Repair and served the community for 38 years. Greenville is located about 85 miles east of Raleigh, North Carolina and the new center is located […]
AutoNation Acquires Collision Repair Center in Illinois, Announces Plans to Add at Least 18 Locations Nationwide
AutoNation, the automotive retailer, today announced that it acquired Westmont Body Werks, located in Westmont, Ill., a suburb of Chicago, The facility is AutoNation’s 70th collision repair center nationwide. The facility was acquired this month and represents annual revenue of approximately $10 million. In addition to the Westmont acquisition, the company also announced it recently […]
Saint-Gobain Acquires 320 Location Glass Repair Franchise in France
Saint-Gobain announced it has completed the acquisition of France Pare-Brise, which has the second largest automotive glass repair and replacement franchise network in France with 320 locations. France Pare-Brise serves insurance companies, corporate fleets, car rental and leasing companies as well as retail customers. Saint-Gobain produces automotive glass for automakers and for the replacement market, […]
Nissan Completes Acquisition of 34% stake in Mitsubishi Motors
Enlarged Alliance ranks among top three global automotive groups. Nissan Motor Co., Ltd. announced yesterday its completed its acquisition of a 34 percent equity stake in Mitsubishi Motors (MMC) that was announced in May and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition […]
Boyd Group Acquires Michigan Collision Repair Center, Adds Location in Indiana
The Boyd Group Inc. announced the October 17, opening of a new Gerber collision repair center in Battle Creek, Mich. The center is located on a major roadway in an active retail district and previously operated as M-66 Auto Body & Frame. “We are pleased to add this center which has served the Battle Creek […]
Australia’s Capital S.M.A.R.T Acquires Location in Tasmania
Capital S.M.A.R.T Repairs announced it was in final negotiations to acquire Car Repairs Tasmania, enabling the expansion of its collision repair service into Tasmania. The acquisition will complement the existing S.M.A.R.T network of 36 collision repair centers across Australia and New Zealand. “We have been looking to expand our network into Tasmania for some time […]
Polaris Private Equity Comments on Car-O-Liner Sale to Snap-On
Polaris, the private equity firm that acquired Car-O-Liner in 2012, explained the rationale for the sale of the company to Snap-On that was announced earlier this week. With Polaris as its owner, the company has seen a period of rapid expansion while simultaneously strengthening its position in the US and China. Jan Dahlqvist, a Polaris […]
Snap-on to Acquire Car-O-Liner for $155 Million
Snap-on Incorporated (NYSE:SNA) today announced that it has entered into an agreement to acquire Car-O-Liner Holding AB for approximately $155 million in cash. Based in Gothenburg, Sweden, Car-O-Liner, that had trailing 12 month sales of approximately $95 million, is a global provider of collision repair equipment and information and truck alignment systems. Subject to certain […]
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