Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced the closing on its previously announced agreement to acquire Source Atlantic Limited which was funded by the Company’s senior secured credit facility. Additionally, on August 14 the Company entered into an amendment to its Amended and Restated Credit Agreement, dated April 1, 2022, increasing the borrowing capacity from […]
Classic Collision Acquires 10th Repair Facility in North Carolina
Classic Collision, LLC announced on August 8 the acquisition of Ultimate Auto Body in Raleigh, N.C. Ultimate Auto Body started servicing the Raleigh area in 2003. “Our commitment to excellence is evident in every aspect of the business, from the beginning to the end of our repair process. We hand-selected Classic Collision to be the […]
UK’s Steer Automotive Acquires Fleet Repair Operator
Steer Automotive Group announced the acquisition of Komoo Limited, that provides dedicated repair services to vehicle rental and fleet businesses. Komoo, with its established network of fleet repair sites located near airports and vehicle storage hubs, brings extensive expertise in providing rapid, high-quality repair services, supporting vehicle rental and corporate fleet customer bases. These strategically […]
UK’s Steer Automotive Group Acquires 7-Location MSO in Southwest England
Steer Automotive Group, the largest collision repair facility operator in the U.K., announced the acquisition MG Cannon Ltd., the operator of six OEM certified repair facilities and a SMART cosmetic repair facility across the southwest England. This acquisition expands Steer’s regional footprint and support mutual client partners, strengthening Steer’s presence and service capacity along the […]
Crash Champions Acquires Collision Repair Center in Washington State
Crash Champions announced the company’s expansion in Washington State with the acquisition of Juanita Collision Center, located at 13511 100th Ave. N.E., in Kirkland, Wash. The deal was finalized on Friday, July 26, with operations transferring to Crash Champions effective immediately. Crash Champions now operates a network of 32 locations across Washington state, complementing its […]
Joe Hudson’s Collision Center Acquires Collision Repair Centers in Mississippi, Virginia and Texas
Joe Hudson’s Collision Center announced the acquisition of three new collision repair centers to its network. The latest acquisitions include: Goad’s Body Shop in Lexington, Va.; Terex Auto Body in Austin, Texas; and Burchfield’s Body Shop in Columbus, Miss. Brant Wilson, CEO of Joe Hudson’s Collision Center, stated, “We are excited to enter the vibrant […]
Classic Collision Acquires First Repair Facility in Maryland
Classic Collision, LLC announced the acquisition of Two Guys Collision Center in California, Md. Two Guys Collision Center has provided high-quality collision repairs and superb customer service in St. Mary’s County for several years. “We have been committed to providing every client the best collision repair experience. We feel that Classic Collision was the right […]
BBB Industries to Acquire All Star Auto Parts
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 […]
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