Companies project $600 million in cost synergies. Combined entity to serve collision repair, OEM and industrial markets and decorative coatings. AkzoNobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) and Axalta Coating Systems Ltd. (NYSE:AXTA) today announced they have entered into a definitive agreement to combine in an all-stock merger of equals valued at approximately $25 billion. The […]
Wesco Group Acquires GM Auto Paint
Wesco Group LLC announced it acquired GM Auto Paint, a regional distributor founded and led by Gilberto Mata Figueroa with 10 locations across California and Las Vegas. GM Auto Paint, founded and led by Gilberto Mata Figueroa, distributes automotive refinish coatings in western markets. Wesco Group, based in Lynnwood, Wash., distributes automotive refinish and industrial […]
Quality Collision Group Enters Florida with Acquisition of Luxury Collision Repair Center
Quality Collision Group announced it acquired 1st Class Auto in Pompano Beach, Fla., marking the Texas-based consolidator’s entry into its 13th state. The acquired shop specializes in luxury vehicle repair and holds certifications from Audi, Aston Martin, Acura NSX, Jaguar, Porsche, Range Rover and Tesla. The certifications require specific training, equipment and repair procedures to […]
Francisco Partners to Acquire Majority Stake in OEConnection
Francisco Partners has agreed to acquire a majority stake in OEConnection LLC from Genstar Capital, the companies announced today. Financial terms were not disclosed. OEConnection serves 45 vehicle manufacturers, 30,000 auto dealers and 135,000 wholesale customers across six countries. Genstar Capital, Ford Motor Co. and General Motors will remain minority investors in the transaction. Genstar […]
CollisionRight Reaches 125 Collision Repair Facilities with Recent Acquisitions
The company has completed 14 acquisitions totaling 21 shops so far in 2025. CollisionRight LLC announced it has reached 125 collision repair centers following the acquisition of three businesses in Michigan, Pennsylvania and Indiana. In recent weeks, the company acquired Sonny’s Body Shop and Traverse Body and Paint in Traverse City, Mich.; Dexter’s in Bradford, […]
Boyd Group Acquires Joe Hudson’s for $1.3 Billion, Launches U.S. IPO
Collision repair consolidator adds 258 locations, announces NYSE listing to fund expansion. Boyd Group Services Inc. (TSE: BYD) announced October 29 it has agreed to acquire Joe Hudson’s Collision Center for $1.3 billion while simultaneously launching a $780 million initial public offering on the New York Stock Exchange, marking the company’s entry into U.S. public […]
CSN Collision Secures Private Equity Backing from ONCAP
Private equity firm acquires facilities owned by founders who will retain a stake in the business. CSN Collision, a collision repair network with more than 400 locations across North America and Europe, has sold collision centers owned by its founders to ONCAP, the mid-market private equity arm of Onex Corporation, the company announced today. The […]
Classic Collision Acquires Repair Center in Texas
Classic Collision, LLC announced the acquisition of Fawbush Body Shop in Livingston, Texas. Fawbush Body Shop has served Livingston and the surrounding communities for over 30 years. Classic Collision, founded in 1983 in Atlanta, Ga., operates 351 collision repair facilities nationwide.
Puget Collision Acquires Repair Facility in Oregon
J&W Auto Body, located in McMinnville, Ore., has been acquired by Puget Collision. Focus Advisors, which specializes in collision repair mergers and acquisitions, advised J&W Auto Body on the transaction announced October 14. Terms were not disclosed. “From day one, our goal was simple: do excellent work, stand behind it, and treat people right,” said […]
BASF Sells Majority Stake in Coatings Business to Carlyle
Chemical company to keep 40% stake as private equity firm carves out coatings unit for an enterprise value of $8.9 billion. BASF SE agreed today to sell a majority stake in its automotive and industrial coatings businesses to Carlyle Group Inc. for an enterprise value of €7.7 billion ($8.9 billion), while retaining a 40% stake […]