The Boyd Group Inc. (TSE:BYD.UN) announced the December 19 opening of a Gerber collision repair center in Charlotte, North Carolina. The center is located in proximity to Interstate 85 and the Charlotte Douglas International Airport. It has served the community since 1972 and previously operated as Coffey’s Body Shop. “This center enhances our footprint in the […]
FinishMaster Acquires 15 ColorMaster Locations
FinishMaster, Inc., the subsidiary of Uni-Select Inc. (TSE:UNS), announced that it has entered into an agreement to purchase ColorMaster Automotive Paint, Inc. The transaction, subject to customary closing conditions, is expected to close within 30 days following the date hereof, will increase FinishMaster’s footprint in Illinois, Missouri and Texas and will mark FinishMaster’s first branch […]
LKQ Acquires Rhiag-Inter Auto Parts Italia S.p.A.
LKQ Corporation (NASDAQ:LKQ) announced that it has signed an agreement to acquire the holding company of Rhiag-Inter Auto Parts Italia S.p.A, a European distributor of aftermarket parts, for €1.04 billion ($1.13 billion). Rhiag has operations in Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain. The company operates through 247 distribution centers […]
Uni-Select Acquires Colwood-Langford Auto Supply Ltd. and B.H. McFarlane Automotive Inc.
Uni-Select Inc. (TSE:UNS), a distributor of automotive products in Canada and parent company of FinishMaster, Inc., announced that it has completed the acquisition, through one of its Canadian subsidiaries, of the remaining 50 percent equity interest of Colwood-Langford Auto Supply Ltd and the assets of B.H. McFarlane Automotive Inc. Colwood, a member of Uni-Select since […]
Australia – AMA Group Acquires Micra Accident Repair Centre
The AMA Group Limited announced the acquisition of Micra Accident Repair Centre Pty. Ltd., a collision repair business servicing the North Tasmania market. Having completed its due diligence the completion of the acquisition is scheduled to occur on January 4, 2016. The purchase price includes an initial consideration of AU$2.0 million ($1.44 million), adjusted for […]
Uni-Select Completes Refinish Solutions Acquisition
Uni-Select Inc. (TSE:UNS), the distributor of automotive products in Canada and parent of FinishMaster, Inc., announced it has completed the previously announced acquisition of Aquia Auto Parts, Inc., doing business under the name Refinish Solutions. “Our success starts with our team, and our newest team members are trusted experts in their market, who will continue […]
Australia – AMA Group Completes Gemini Acquisition
The AMA Group Limited announced that it has finalized the acquisition of Gemini Accident Repair Centres Pty. Ltd. that was announced in September. Gemini has 40 collision repair centers across Australia and one in New Zealand. With the addition of Gemini’s collision repair centers located across Australasia AMA will have a national footprint of in […]
Kennealy Acquires Las Vegas Collision Repair Center
Dennis Kennealy, longtime industry veteran, recently acquired Collision Masters – Las Vegas. Kennealy and Las Vegas collision shop owner, Bob Dresser have teamed up to own and operate the first of a planned 2-5 collision repair facilities centered in the Greater Las Vegas market that will operate under the Collision Masters brand. After years of […]
Solera Stockholders Approve Sale to Vista Equity Partners
Solera Holdings, Inc. (NYSE: SLH) announced that Solera shareholders voted to adopt the merger agreement announced in September for the company’s sales to an affiliate of Vista Equity Partners for $55.85 per share in cash. The merger was approved by a vote of nearly 44 million shares to 7.3 million against the proposal. A separate […]
Carlyle Group Completes Acquisition of Innovation Group
The Carlyle Group (NASDAQ: CG) last week announced the successful acquisition of Innovation Group (LON: TIG) for £500 million ($689 million). Originally announced in September, capital for the acquistion came from Carlyle Europe Partners IV (CEP IV), a European-focused upper-mid market buyout fund. Further terms of the transaction were not disclosed. Founded in 1996 and […]
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