Christian Thibert, CEO of Robert Thibert Inc., and Jeff Braun the CEO of Meyer Distributing, Inc. announced that they have reached an agreement for the sale of Thibert’s automotive accessory, trailer and recreational vehicle divisions to Meyer. “This strategic decision will mark a major turning point in our history,” said Thibert, whose company has been […]
Classic Collision Acquires New Repair Center in Virginia
Classic Collision, LLC announced the acquisition of H&T Collision Center in Virginia Beach, Va. H&T Collision opened in July 2005 as a family-owned center and quickly grew to a 13,000 sq. foot location equipped with state-of-the-art equipment. “By doing nothing but quality work and treating our customers right, we have managed to become one of […]
Crash Champions Acquires Collision Repair Center in Maryland
Crash Champions announced the acquisition of Modern Auto Body, located at 8031 Reichs Ford Road in Frederick, Md. The acquisition was officially finalized on May 17 with operations transitioning to Crash Champions, effective immediately. “This is another proud step for the Crash Champions team as we continue expanding service across the state of Maryland,” said […]
Maaco in Longwood, Florida Under New Ownership
Maaco announced that Maaco Longwood, located in Longwood, Fla., will now be owned and operated by Justin DePasquale, owner of Maaco Fort Myers, and Pete Huber, Maaco’s former regional director of operations turned franchisee. Since 1985, Maaco Longwood has provided its surrounding community with top-tier collision repair, personalized paint work, and premier customer service. For […]
Crash Champions Acquires Two Collision Repair Centers in Atlanta Market
Crash Champions announced the expansion of its Atlanta, Ga. operating footprint with the successful acquisition of Bavarian Body Works. The May 10 acquisition adds two collision repair centers located at 476 Cobb Pkwy SE in Marietta, Georgia, and 1491 Howell Mill Road in Atlanta. Bavarian Body Works transitioned operations to Crash Champions effective immediately as […]
Axalta Acquires CoverFlexx Group from Transtar Holding Company
Acquisition includes Transtar Autobody Technologies, Pro Form and Aftermkt Armor brands. Axalta Coating Systems (NYSE: AXTA) today announced an agreement to acquire The CoverFlexx Group from Transtar Holding Company for an initial cash consideration of $285 million, plus an additional $10 million earnout based on the business’s 2024 performance. The closing of the transaction is […]
Wesco Acquires Auto Color & Equipment in Missouri
The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced it has acquired Auto Color & Equipment. Auto Color & Equipment has been servicing Missouri since 1987. The owners, Wayne and Denise Edwards, took over in 1992 and have been committed to the industry and have been instrumental in shaping […]
Painters Supply and Equipment Acquires AeroCoat Source Inc.
Painters Supply & Equipment Co. (PSE) announced the acquisition of AeroCoat Source Inc. Established in 1999 and headquartered in Maple Shade, N.J., AeroCoat distributes high- quality coatings and painting solutions, serving customers across the aviation and military sectors. Their New Jersey distribution center along with the NJ operations and sales teams will continue to operate […]
LKQ Corporation to Sell Elit Polska in Poland to MEKO AB
LKQ Corporation (Nasdaq: LKQ) announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit […]
Crash Champions Expands Luxury and EV Certified Repair Line with California Acquisition
Crash Champions today announced the expansion of Crash Champions Luxe | EV Certified, a premium line of service specializing in electric vehicle (EV) and luxury OEM factory-certified repairs. The announcement follows the organization’s acquisition of DC Autocraft, a collision repair center specializing in luxury factory-certified and EV repairs in Burbank, Calif. The acquisition finalized on […]
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