Franchise operator adds 150 franchise collision repair centers to its network and 10 company owned stores. Driven Brands today officially announced its acquisition of Fix Auto USA (FUSA) and Auto Center Auto Body, Inc. (ACAB). The addition adds nearly 150 franchised and ten company-owned collision repair locations to the Paint, Collision & Glass segment of […]
BendPak Acquires Garage Equipment Supply
BendPak Holdings LLC announced the acquisition of Garage Equipment Supply, Inc. and its related intellectual property holding company. The acquired assets include three brands, Dannmar, MaxJax, and Garage Equipment Supply. Don Henthorn, president of BendPak, stated, “Through this acquisition, we welcome Dannmar, MaxJax, and Garage Equipment Supply to the BendPak group. This deal further establishes […]
KPA Announces Acquisition of Multimedia Training Systems
KPA, the provider of Environment, Health and Safety (EHS) and Workforce Compliance software, consulting, and training, announced today the acquisition of Multimedia Training Systems (MTS), a safety training company specializing in life-saving video programs for the manufacturing industry. “MTS is a tremendous fit for KPA,” said Chris Fanning, KPA President and Chief Executive Officer. “We […]
Pacific Elite and Crash Champions Merge
Pacific Elite, the family owned operator of collision repair shops in California, today announced a merger with Crash Champions, LLC, a leading regional collision repair business in the greater Chicago area. The newly combined company (CombineCo) will be the 5th largest independent MSO in the country according to the company, with an established presence in […]
Boyd Group Acquires Collision Repair Center in Wisconsin
The Boyd Group Inc. announced the acquisition of a collision repair center in Waukesha, Wisc. The new Gerber Collision & Glass location previously operated as Nagel Auto Body, providing service since 1986. Waukesha is the county seat of Waukesha County and home to Carroll University, Wisconsin’s first four-year institution of higher learning. Waukesha is located […]
Broadway Automotive Acquires Pietroske Dealership in Wisconsin
Broadway Automotive announced it is purchasing the Pietroske Chevrolet, Buick, GMC and Cadillac dealership in Manitowoc, extending its operations within Northeast Wisconsin. The dealership purchase agreement includes the Pietroske Chevrolet, Buick, GMC and Cadillac dealership and property at 4000 Grand Ave. in Manitowoc. While Broadway currently operates a Chevrolet dealership at 2700 Ashland Ave. in […]
Boyd Group Acquires 14 Collision Repair Centers in Michigan and Indiana
The Boyd Group Inc. announced the acquisition of 14 collision repair centers in Michigan (8 locations) and Indiana (6 locations). The new Gerber Collision & Glass shops were previously branded as Vision Collision, 14/69 Auto Body, Angola Collision Services and Mcfall’s Collision & Frame Service in the Ft. Wayne, Indiana, and Lansing, Michigan, areas. Ft. […]
ProCare Collision Acquires Six Locations in Houston
ProCare Collision, the Texas-based Multi Shop Operator (MSO), announced today that they have acquired six Hodges Collision locations in the Houston metro area. With this acquisition, ProCare now has 41 shops in Texas, with 11 in the Houston market. ProCare Collision will now service new areas around Houston including The Woodlands, Spring, Magnolia and Deer […]
State Farm Exits Banking Business
Enters into strategic alliance to bring U.S. Bank products and services to State Farm customers. State Farm announced it was exiting its banking business and forming a strategic alliance with U.S. Bank. Under the alliance, U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts and State Farm agents will have the […]
LKQ Completes Sale of Two Czech Distributors
LKQ Corporation (Nasdaq: LKQ) announced that it has closed its previously announced agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. Dominick Zarcone, President and Chief Executive Officer of LKQ, stated, “This divestiture reinforces our ongoing commitment to rationalizing […]