BBB Industries, LLC, a manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P., announced it has entered into an agreement to acquire All Star Auto Parts. Terms of the transaction, which is expected to close in the third quarter, were not disclosed. Clearlake Capital is not a newcomer […]
Justice Department and Federal Trade Commission Extend Public Comment Period on Serial Acquisitions, Roll-Up Strategies Across U.S. Economy
The Justice Department’s Antitrust Division and the Federal Trade Commission (FTC) announced they are extending the deadline for the public to comment on serial acquisitions and roll-up strategies that harm competition by 60 days. As CollisionWeek reported in May, the joint request for information (RFI) seeks to learn more about how corporate actors, including private […]
Penske Automotive Group Acquires Bill Brown Ford
Penske Automotive Group, Inc. (NYSE: PAG) has acquired Bill Brown Ford of Livonia, Mich. The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, announced it advised the Brown family on the sale. The transaction included the Bill Brown […]
Crash Champions Acquires Collision Repair Center in New Hampshire
Crash Champions announced the company is expanding its New Hampshire footprint with the acquisition of Auto City Collision Center, located at 90 South Commercial Street in Manchester. The acquisition was finalized on Friday, July 12 with operations transitioning to Crash Champions effective immediately. “This is another exciting step forward as we continue to expand the […]
Distribution Solutions Group to Acquire Source Atlantic
Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced that its operating company, Lawson Products, under its affiliate Lawson Products Canada, Inc. signed an agreement to acquire Source Atlantic Limited. The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. Source Atlantic, headquartered in Saint John, New […]
Quality Collision Group Acquires Repair Facility in Washington State
Quality Collision Group (QCG) announced the acquisition of Paramount Centre of Fife, Wash. Paramount Centre’s 50,000 square-foot space is dedicated to collision repair and auto restoration and is located at 6005 12th St E in Fife, approximately 30 miles south of Seattle. The new facility is QCG’s first location in Washington State. Mike Huber and […]
Lift Auto Group Acquires First Yukon Location
CSN Collision announced that Lift Auto Group acquired its first Yukon location, CSN Whitehorse, that previously operated as CARSTAR Whitehorse. When Jim Muir, the former owner, and his wife Alison decided it was time to sell, they chose Lift Auto Group for its proven track record. “Lift was the right fit for us. We’ve worked […]
Classic Collision Acquires Repair Center in Key West, Florida
Classic Collision, LLC announced the acquisition of Cooper’s Paint & Body Shop in Key West, Fla. Cooper’s Paint & Body Shop welcomed its first customers in 1952. “Being a family-owned and operated shop, we have treated each client as a part of our family. We believe future customers will still experience the family atmosphere thanks […]
Axalta Completes CoverFlexx Group Acquisition
Axalta Coating Systems (NYSE: AXTA) announced it completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said […]
OpenRoad Collision Expands Allard Collision in Arizona with Acquisition of 3 Repair Facilities
OpenRoad Collision announced the expansion of Allard Collision in the Phoenix metropolitan area. Allard added three new locations in the broader Phoenix market through the acquisition of Andy’s Collision, a two location MSO with locations in Glendale and North Phoenix, and Airpark Collision, a collision center in Scottsdale. In total, Allard Collision now operates seven […]
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