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Axalta Acquires High Performance Coating in Southeast Asia

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Axalta Coating Systems (NYSE:AXTA), announced it has completed its acquisition of High Performance Coating Sdn. Bhd., an automotive refinish coatings manufacturer in Southeast Asia. The acquisition will strengthen Axalta’s capability to serve refinish customers in the region with additional product offerings and an expanded sales and service network. “The acquisition of High Performance Coating expands […]

FTC Terminates Review of OEConnection Sale

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The U.S. Federal Trade Commission issued an early termination notice June 16 on the Hart Scott Rodino (HSR) antitrust review of the sale by General Motors and Ford Motor Company of their stakes in OEConnection LLC. OEConnection LLC announced on June 2 that Providence Equity Partners would acquire a majority equity stake in the company. […]

Boyd Group Acquires Collision Repair Center in Washington State

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The Boyd Group Inc. announced the June 11 opening of a Gerber-branded collision repair center in Airway Heights, Washington, about nine miles west of Spokane. The center previously operated as City West Auto Body. “This new location complements our existing locations in the Spokane area and will allow us to serve new customers and our […]

Copart Acquires New Location in New Hampshire

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Copart, Inc. (NASDAQ:CPRT) announced the acquisition of a new location in Candia, New Hampshire. “If you look at Copart’s recent expansions and acquisitions, it’s clear that we are experiencing significant growth,” said Jay Adair, Copart CEO. “Candia is a great location that will allow us to better serve Manchester and surrounding communities.” “We are excited […]

TechnaGlass Expands in Colorado

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TechnaGlass announced it has expanded its footprint in the state of Colorado with five retail locations, providing full market coverage in Denver and Colorado Springs. TechnaGlass now provides service across the greater Denver market through three retail locations: a newly opened store in Lakewood, formerly Best Buy Auto Glass a newly acquired TechnaGlass retail location […]

Boyd Group Acquires Fifth Collision Repair Center in Tulsa, Oklahoma

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The Boyd Group Inc. on Friday announced the May 31 acquisition of Desert Rose Collision in Tulsa, Oklahoma. “This is our fifth location in the Tulsa region and complements our Sapulpa and Broken Arrow centers by providing additional capacity in the southern part of the city,” said Tim O’Day, President and COO of the Boyd […]

Providence Equity Acquires Majority Stake in OEConnection

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OEConnection LLC (OEC) announced on June 2 that Providence Equity Partners will acquire a majority equity stake in the company. Providence is a global private equity firm with $45 billion in assets under management. General Motors and Ford will each maintain a 15 percent minority stake in the. “Providence has a thorough understanding of OEC’s […]

Performance Tool & Equipment Under New Ownership

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Car-O-Liner announced that Eddie Gutierrez is the new owner and president of Performance Tool & Equipment Inc., its distributor in Albuquerque, N.M. Gutierrez, who spent 25-years in commercial banking, took over the company from Ben Padilla earlier this year. Gutierrez chose to purchase Performance Tool and Equipment after concentrating on the business’s financials. “My parents […]

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