Enlyte has closed its acquisition of PartsTrader, the parts procurement marketplace, the companies announced April 6. Financial terms were not disclosed. PartsTrader becomes a wholly owned subsidiary of Enlyte and will continue to operate as an independent entity alongside Mitchell’s Auto Physical Damage division, the parent of Mitchell, Genex and Coventry said. Both Mitchell and […]
VIVE Collision Acquires 3 Repair Facilities in New Jersey
Reaches 75 location milestone. VIVE Collision has acquired Cherry Collision, adding three collision repair facilities in southern New Jersey and bringing the regional MSO’s total footprint to 75 locations across the Northeast. The deal extends VIVE Collision’s presence deeper into the New Jersey market, where the company has been operating since its early expansion years. […]
BASF Coatings Names CEO for Post-Carlyle Standalone Company
BASF Coatings announced March 26 that Jens Luehring will become chief executive officer of the company when the pending sale to Carlyle Group closes, replacing Dr. Uta Holzenkamp, who has led the coatings division since 2022. The leadership transition is the latest step in the carve-out of BASF’s automotive OEM coatings, automotive refinish coatings and […]
TPG, Allianz Lead $350 Million Investment in Cambridge Mobile Telematics
State Farm also participated in latest investment round. Cambridge Mobile Telematics, the telematics and AI platform used by major auto insurers including State Farm and Progressive, has received a $350 million strategic investment led by private equity firm TPG and Allianz X, the strategic investment arm of insurer Allianz Group. State Farm also participated in […]
Chilton Auto Body Acquires Marina Auto Body, Expands to 25 California Locations
Chilton Auto Body has acquired Marina Auto Body, a three-location collision repair organization in Southern California, the San Carlos, Calif.-based company announced March 18. The deal gives Chilton a total of 25 collision repair facilities across California, continuing its growth trajectory since private equity firm Trive Capital invested in the company in February 2025. At […]
Team PRP Acquires Recyclers CrossDock
Team PRP has acquired Recyclers CrossDock from owner Bo Wroten, the cooperative network of independently owned automotive recyclers announced March 11. “Recyclers CrossDock has long been a vital partner in the trade of recycled automotive parts,” said Jarret Hann, Team PRP executive director and president. “By transitioning ownership to Team PRP, we will be better […]
Focus Advisors Reports Collision Repair M&A Activity Slowed in 2025
Advisory firm says EBITDA multiples hold steady, but valuations down on lower operator performance in wake of market slowdown. Collision repair merger and acquisition activity dropped significantly in 2025, with fewer deals, longer timelines and lower valuations driven by declining claim counts and revenue pressure, according to Focus Advisors’ annual Year in Review report published […]
Hertrich Collision Centers Acquires Maryland Body Shop
Hertrich Collision Centers has acquired Bramble Body Shop in Easton, Md. The deal brings Hertrich’s total collision repair center location count to 15. Financial terms were not disclosed. Bramble Body Shop was founded in 1986, is led by D’Arcy Bramble Jr. and Donna Marie Bramble. Hertrich Collision Centers, a family-owned company operating in Delaware, Maryland […]
Driven Brands Completes Sale of International Car Wash Business
Driven Brands Holdings Inc. announced yesterday it has completed the previously announced sale of IMO, its international car wash business, to Franchise Equity Partners for approximately €411 million ($490.5 million). The company said cash proceeds from the transaction will primarily be used to pay down debt. “The completion of this transaction is a strategic milestone […]
PSE Group Acquires Color Systems
PSE Group acquired Color Systems, a Warwick, R.I.-based automotive refinish and ancillary products distributor. The transaction expands PSE Group’s presence to 77 locations across 17 states and strengthens its position in the New England market. Financial terms were not disclosed. Color Systems, founded in 1971, serves collision repair facilities throughout the Greater New England region. […]